RV Loan Interest Deduction yes or no?
Hello all, I did some research and even read the actual text of the new tax law. Maybe I missed it but I have been unable to find a concise answer....So....Does anyone know if: 1. IS Second hom...
Forum Discussion
Bumpyroad wrote:
If you need the deduction to be able to buy that RV, perhaps you should be looking at a less expensive RV???????????
bumpy
Not so sure that folks were concerned about the deduction in that way. Some just like any way to reduce their tax burden as they can. It really doesn't make a lot of sense to spend $1 just to save 25 cents in taxes.
It is not a fun time for me each year when I realize I pay more in taxes than the average annual income of wage earners in my state. Looking for another way to trim that tax burden seems to be a good thing. I am not one of those that hold to the line that everything belongs to government and it is only out of the good graces of that government that we keep anything we earn.
