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We bought a 5th wheel travel trailer in March 2016 can I deduct the interest on our loan we used it about 100 days in 2016. Bank did not send any interest forms.

RV Interest and sales tax

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DDollar
Expert Alumni

We bought a 5th wheel travel trailer in March 2016 can I deduct the interest on our loan we used it about 100 days in 2016. Bank did not send any interest forms.

Yes, you can deduct the interest on your RV as mortgage interest, provided you don't already have a second home for which you are taking the deduction.

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DDollar
Expert Alumni

We bought a 5th wheel travel trailer in March 2016 can I deduct the interest on our loan we used it about 100 days in 2016. Bank did not send any interest forms.

Yes, you can deduct the interest on your RV as mortgage interest, provided you don't already have a second home for which you are taking the deduction.

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