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An RV can be a second residence, just like a boat can be. What tax advantages there may be in that is up to your and your tax advisor...
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2008 King Aire 4562, Spartan K3(GT) w/ Cummins ISX 600
2014 Jeep Grand Cherokee Overland 5.7L V8 Hemi w/ Blue Ox Aventa LX Tow Bar and baseplate, SMI Air Force One brake
Yes there are certain tax advantages if you itemize deductions. As mentioned above you can deduct any interest expense since it meets the IRS requirements as a second home. Also if your state charges personal property taxes on the RV those are deductible.
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04 Horizon QD, 12 Ford Flex, Excalibar, Brakemaster, Winter Texan, RVin! since 1974
Norm, Donna & Tinker Kat(RIP) 01 Z3
Life is a Timed Event, you only get One Go Around!
I understand that an individual can use it as a second home with the usual tax benefit. But in luxury RV levels many have them through their company or private LLC. My question: is there a benefit in the depreciation equation on investment into equipment for your tax obligation of the LLC? Or is there any? I was thinking you could depreciate it out over 5 or 8 years. I'll find out when I set up my first LLC later this year. As a landscape artist my LLC can purchase it for me as a mobile studio so I'm just preparing to look into such issues.