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trx430ex's avatar
trx430ex
Explorer
Dec 13, 2015

Title an RV into deed to claim a mortgage interest deduction

It just came to me that we are spending as much on mobile living as most are on fixed living. That being said, then why is it that we should not also be included in the mortgage interest deduction in ...
accsys's avatar
accsys
Explorer
Dec 13, 2015
You put the interest NOT reported on a Form 1098 (used for mortgages only) on the line under the one used for interest reported on a 1098. In 2014 you put RV interest on Line 11. 1098 interest was entered on line 10. The 2015 Schedule A will most likely have the same line numbers.

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