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Old 01-09-2012, 06:01 PM   #1
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Motorhome/camper as 2nd home for taxes

Well it's time to do taxes. And before I bought my Georgetown I was told that I could write the taxes off as a 2nd home. Is this true and what do I need to do this. Thanks

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Old 01-09-2012, 06:28 PM   #2
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I was told the same thing with our travel trailer. I use a CPA so I'll know more when I see him in a month or so. Good luck

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Old 01-09-2012, 06:30 PM   #3
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do not think so
not at least in Calif
a second home here has to be
at least someTHING like
50 miles away from the main home
then it is called a vacation home

possibly you could put your office
in your motor home or trailer
and get a legal write off ??
MM
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Old 01-09-2012, 07:28 PM   #4
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You can on your federal return

If you can sleep, cook and use the bathroom in it then you most certainly can deduct interest on schedule a of your 1040.
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Old 01-09-2012, 07:39 PM   #5
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Mo3putt is correct - if it is fully self contained, the interest on your loan can be written off in the same way a mortgage can be. That is it, though. Is the Interest on Your RV Loan Tax Deductible
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Old 01-09-2012, 08:04 PM   #6
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I almost forgot about this - My father was telling me about this as well when I first bought my camper.

The only issue I may have is that Bank of the West does not post this info under my login for what ever reason so I guess I am going t have to contact them to get what intrest I have paid so far for 2011.
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Old 01-09-2012, 08:07 PM   #7
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Yep. I've been doing it for almost 25 years.
How to Claim the Interest Paid on Recreation Vehicles

sherdep: you should receive a letter in lieu of a 1098 from BOTW. That's what we have gotten from them, and it said right on it that they don't issue 1098s. It has been accepted by my tax preparer and I've passed audits, so I'm confident it is alright.
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Old 01-09-2012, 08:13 PM   #8
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Quote:
Originally Posted by Ovair View Post
Yep. I've been doing it for almost 25 years.
How to Claim the Interest Paid on Recreation Vehicles

sherdep: you should receive a letter in lieu of a 1098 from BOTW. That's what we have gotten from them, and it said right on it that they don't issue 1098s. It has been accepted by my tax preparer and I've passed audits, so I'm confident it is alright.
Awesome - thanks for the info - Much appreciatted
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Old 01-09-2012, 11:50 PM   #9
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Besides the interest you can also claim the personal property taxes that you pay for the motorhome.
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Old 01-10-2012, 11:20 AM   #10
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Quote:
Originally Posted by sherdep
I almost forgot about this - My father was telling me about this as well when I first bought my camper.

The only issue I may have is that Bank of the West does not post this info under my login for what ever reason so I guess I am going t have to contact them to get what intrest I have paid so far for 2011.
I have my loan through them as well. I called last year to ask if they provide this and they said they send them every year??? But i will call them as well just to make sure

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