Tax Question for full timers
Have always heard MH's could be written off as a second home, but what if you are full timer and have no brick and mortar home? Is there any advantages? This is are first filling since owning.
Forum Discussion
No one is "writing off a MH" as a second home. You might be able to claim the interest on the loan but no one is writing off the principal. Even if it's a business you still only get depreciation and maintenance. The reason you can claim the interest is that it's considered a second home if it has a bathroom and bedroom. But if you only have one home and the MH is it, then you don't have a second home. The MH is your primary.
