Taxes?
Anyone done there 2018 taxes and found out anything different about RV deductions under the new tax bill? I'm assuming that we will meet the minimum deductions to itemize. Having purchased our 5er t...
Forum Discussion
ItsyRV wrote:Yep...appears you are correct. I was talking to a friend of mine who owns a large accounting company a few months ago and even he wasn't sure.babock wrote:
In 2018, only RVs with motors can be considered a second home for mortgage interest purposes.
May not be true. The section of the code that states that turns out to be in the business section for deductions. Unless the RV is owned by a business that section doesn't seem to apply to personal owned RV's. The article that originally caused the confusion has been corrected by many newer articles from tax professionals.
