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New Member
posted Feb 7, 2022 5:53:29 PM

1098

I received a form 1098 for a loan on a travel trailer.  Can I claim that as mortgage interest on a 2nd home?

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2 Replies
Expert Alumni
Feb 8, 2022 8:54:37 AM

Yes. You're allowed to deduct the interest on a loan secured by your main home (where you ordinarily live most of the time) and a second home.

A mobile home, RV, house trailer, or houseboat that has sleeping, cooking, and toilet facilities counts as a main or second home, and as long as it meets all the other requirements for deducting mortgage interest, you can claim the interest like an immovable home.

New Member
Feb 10, 2022 5:20:50 AM

Thank you so much!