turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

mortgage interest

If I own an RV as a vacation home and don't receive a 1098 from the lender, can I still deduct the mortgage interest?  The loan is secured by the RV and it has all components to qualify as a second home including sleeping, cooking and toilet.

Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
MinhT1
Expert Alumni

mortgage interest

You can deduct the interest you paid on your RV as mortgage interest on a second home, even if you do not receive a form 1098.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

3 Replies
MinhT1
Expert Alumni

mortgage interest

You can deduct the interest you paid on your RV as mortgage interest on a second home, even if you do not receive a form 1098.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

mortgage interest

screen for mortgage interest will not let me enter zero balance for loan on RV - loan was paid off   Help 

KarenJ2
Expert Alumni

mortgage interest

If your mortgage balance as of 1/1/2019 (beginning mortgage balance) is 0.00  (box 2) , then delete the loan from your return as you did not pay any interest on your loan.

 

The balance for the end of the year would be the balance just before you paid it off.

 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies