May I deduct interest paid on my motor home when I use it for volunteer work, out of state for 6 mo of the year.
Yes. A motor home qualifies as a second home. If you itemize your deductions, the interest paid on your motor home qualifies for the mortgage interest deduction.
May I deduct interest paid on my motor home when I use it for volunteer work, out of state for 6 mo of the year.
Yes. A motor home qualifies as a second home. If you itemize your deductions, the interest paid on your motor home qualifies for the mortgage interest deduction.
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