Originally Posted by Ragin Cajun
Most states this only applies if you own a Motorhome, not TT or Fifth Wheels?
I am by no means a tax expert and states might have varying laws, however the interest on a TT or fifth wheel can be deductible on Federal income taxes if the requirements for home (or second home) mortgages are met. These requirements can be found in publication 936 on the IRS website. Below is a snippet from this publication.
"For you to take a home mortgage interest deduction, your debt must be secured by a qualified home. This means your main home or your second home. A home includes a house, condominium, cooperative, mobile home, house trailer, boat, or similar property that has sleeping, cooking, and toilet facilities."
The other tricky element is that most banks do not deliver a 1098 for an RV loan however there is an option to say that you did not receive a 1098 for the interest you are claiming (I believe this is part of the Schedule A).
It is always best to consult a tax advisor or tax professional if you are unsure if you can claim the interest or not.