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
Have the Bank write you a letter stating this interest expense is for your RV. Attach a copy of your loan papers that clearly identify the RV. Then attach pictures of the interior of your RV to show it meets the requirements to be considered a second home.
If they still refuse. request a office meeting with a supervisor.
hopefully you will have provided enough to settle this.
I am an enrolled agent, and have practiced before the IRS for 27 years. You have to tie everything together,
If they still refuse. request a office meeting with a supervisor.
hopefully you will have provided enough to settle this.
I am an enrolled agent, and have practiced before the IRS for 27 years. You have to tie everything together,
