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jacks7_02
New Member

In Texas do you add a camper trailer you bought on your taxes. We have a loan on it currently.

 
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1 Reply
Vanessa A
Employee Tax Expert

In Texas do you add a camper trailer you bought on your taxes. We have a loan on it currently.

It depends.  I am assuming you are asking about your federal return since TX does not have a state return.

In order to claim mortgage interest on your Camper, it would have to meet the same criteria as a home does for mortgage interest.

 

  • The loan must be secured by the home it was used to buy, build or substantially improve
  • It must have a sleeping, cooking and toilet facilities

If the above apply, then yes, you can deduct the mortgage interest on the loan if you are itemizing your return

 

If your Camper and loan do not meet the above, you would not be able to deduct the interest on the loan. 

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