IRS and the Interest Deduction
Anybody else having issues with the IRS on the mortgage interest deduction for the motorhome as a second home? My motorhome is financed through Wells Fargo Bank. For the entire life of the loan they...
Forum Discussion
The simple answer is NO, you should not have any issues deducting your RV as a 2nd home unless you have something else that would be considered a 2nd home. You should be getting a 1099-int for the RV loan but if you don't you should be able to request one. Even without that, you must have proof that you paid interest on a loan related to your RV (the only thing that could be considered a 2nd home) and this will be usable as proof of ownership.
