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
powellmj wrote:
msith1199 - I'm going through the same issues. I'm on my 3rd round of letters with them. But today, they mailed me a form 5564 - Notice of Deficiency Waiver to complete. Heading to my CPA with this one to see what the next steps are. Interesting to see that so many of us are being challenged on the deductions.
Read my solution. I was on the phone for 10 minutes, he took my word for it when I told him what the deduction was for, and the problem was fixed.
