Buying new vs. Pre-owned (3 years old)
I am just wondering what are the pros and cons in buying new vs pre-owned? How do you justify buying new and take all the depreciation within three years? Maybe you can shed light to me how to perceiv...
Forum Discussion
Hank85713 wrote:
If you have a house refi, interest is about 3%, rv interest rates around 4%. If you do it on the refi, you can claim it as a 2 home if you live in it and get the interest deduction! That is what we were going to do, bank said thats the best way, but if you dont have a home or.....
you can claim the RV loan as a second home, no refi involved????
and the deduction only gives you 28-30% of the interest back, still pay 70% of it.
bumpy
