Rv financing question on loan amount?
Hi everyone I have another question?We were looking at a travel trailer in the 11k range and we are considering purchasing it.I was looking online and haven’t talked to any banks yet but I want to put...
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You might have to check around because not all institutions will loan money with an RV as collateral. If you sign a personal loan the interest will probably not be deductible. At least that used to be the rule. Now, with the 2018 version of the tax plan, most of the deductions have gone away. Maybe a Home Equity Loan would be best but the interest on it might not be deductible for 2018.
The good news is that the new tax plan simplified the code down to around 600 pages instead of 1400 pages so it will be easier to understand!
The good news is that the new tax plan simplified the code down to around 600 pages instead of 1400 pages so it will be easier to understand!
