Per the IRS, a motorhome or a boat will be
considered a qualified residence if it is one of the two residences chosen by
the taxpayer to deduct mortgage interest. A qualified residence must include a
sleeping space, a toilet, and cooking facilities.
In
addition, the loan must be secured by the vehicle.
To
report mortgage interest in TurboTax Online
Click My Account (Top right of your
screen).
Select Tools.
In the pop up window, select Topic
Search.
In the search bar, type in mortgage
interest
Highlight it and select GO, and
follow the prompts.
To
deduct personal property taxes enter the same words in the search bar.