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01-09-2012, 06:01 PM
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#1
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Junior Member
Join Date: Nov 2011
Location: Waco tx
Posts: 28
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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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01-09-2012, 06:28 PM
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#2
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Member
Join Date: Sep 2011
Posts: 76
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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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01-09-2012, 06:30 PM
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#3
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Senior Member
Join Date: Oct 2011
Location: Lakeside mountains, Calif
Posts: 421
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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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01-09-2012, 07:28 PM
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#4
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Berkshire 390QS
Join Date: Feb 2011
Location: Pueblo Colorado
Posts: 45
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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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01-09-2012, 07:39 PM
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#5
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Member
Join Date: Oct 2011
Posts: 40
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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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01-09-2012, 08:04 PM
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#6
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Senior Member
Join Date: Jan 2011
Location: Saint Cloud FL
Posts: 1,317
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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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2011 Rockwood Mini Lite 2306 - Matt
2004 Dodge Ram 1500 Qaud Cab 4x4 with 35" tires and 3.92 gears, Dynatech Longtube Headers & Fabtech 6" lift + Superchips with shift Tuning
Nights Camped 2011 (37) - 2012 (7)
USMC 91 - 95 - F/A-18 Aviation Ordnance
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01-09-2012, 08:07 PM
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#7
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Lottery Non-Winner
Join Date: Jul 2011
Posts: 431
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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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2011 Georgetown 337
2009 HD FLHTCU
2007 HD FXSTC
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01-09-2012, 08:13 PM
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#8
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Senior Member
Join Date: Jan 2011
Location: Saint Cloud FL
Posts: 1,317
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Quote:
Originally Posted by Ovair
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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Awesome - thanks for the info - Much appreciatted
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2011 Rockwood Mini Lite 2306 - Matt
2004 Dodge Ram 1500 Qaud Cab 4x4 with 35" tires and 3.92 gears, Dynatech Longtube Headers & Fabtech 6" lift + Superchips with shift Tuning
Nights Camped 2011 (37) - 2012 (7)
USMC 91 - 95 - F/A-18 Aviation Ordnance
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01-09-2012, 11:50 PM
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#9
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Senior Member
Join Date: Jul 2011
Location: Las Vegas, NV & Joplin, MO
Posts: 168
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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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Rockwood Windjammer 3002W (11/10/2011)
2011 Sierra Denali HD - Duramax/Allison
EQ-4, 14,000/1,400
2006 Yukon Denali
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01-10-2012, 11:20 AM
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#10
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Senior Member
Join Date: Jan 2011
Posts: 159
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Quote:
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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.
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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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