Forum Discussion
Mississippi
Jan 05, 2015Explorer
Effy and Dubdub07, everyone needs to be aware of a recent Tax Court ruling which disallowed business deductions for expenses associated with the use of a motorhome. I have not studied the case in detail, but its implications were at first glance a cause of concern for those of us who have claimed business expenses for costs associated with the use of a motorhome as a business expense. As to the original question, interest on a qualifying motorhome are deductible as personal residence interest and the property taxes are also deductible on Schedule A as itemized deductions.
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