Forum Discussion
bigdogger
May 16, 2014Explorer II
westend wrote:Other than the fact that the IRS would stomp all over that deduction for numerous reasons, how much income are you going to be able to shelter from the sale of a few postcards? Tax write offs are worthless if you don't have income. If you have income and are trying to write off depreciation on your RV, the RV had better be a necessity, not a convenience to earning that income. Best for 99% of all people to consider the costs of the RV and travel as something your traveling income is going to have to cover in addition to normal living expenses like food and insurance. Like others have said, it is possible to supplement retirement and social security income while RVing, but to make an actual living you really need a portable professional job. Still much better for the pre-retirement person to have a career and take RV vacations than it is to travel around the country working 6 months at a time flipping burgers at Micky D's.
If the vehicle is used in the conduct of a business, the vehicle expenses could be a business expense. I don't operate like that but do deduct vehicle expense from my business. You are getting into a grey area, there for me, as one would also be using it as a residence and there may be some fancy accounting in that regard. Really, there's nothing from preventing me from taking a few postcards for sale to the Grand Canyon, using a coach as the transportation, and writing the whole thing off.
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