IRS and the Interest Deduction
Anybody else having issues with the IRS on the mortgage interest deduction for the motorhome as a second home? My motorhome is financed through Wells Fargo Bank. For the entire life of the loan they...
Forum Discussion
msmith1199 wrote:wnytaxman wrote:
The IRS agent who looked at your response may not realize that your RV qualifies as a second home. That may be why they tried to disallow the deduction. Again, try a phone call in the morning and you may find that the situation will be resolved.
In my letter of explanation I used the language right off their website about having living quarters, but you may be right because I didn't tell them it was their own rules.
Many of the IRS inquiries that are mailed out are done by computer as are many of the replies that are sent out. As such they may not make much sense to normal human beings. Try the phone and be patient while you are waiting.
Good Luck!
