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Taylode · 06-06-2016, 12:35 PM

My wife and I are contemplating become full-timers. We would be spending 3 days near where my wife works and 4 days where her father lives. He's getting up there in age and my wife wants to be near. We're thinking real hard about buying a new or near new motorhome. If we do, that will be our only residence and I'm curious if I can write any of my MH expenses off on my taxes.

Nana25K · 06-06-2016, 02:00 PM

Only if it is your second home. If its your only home ( you own no other) then my understanding is no

Taylode · 06-06-2016, 02:04 PM

Quote:

Originally Posted by Nana25K

Only if it is your second home. If its your only home ( you own no other) then my understanding is no

Thanks, that was my understanding too but hoping I was wrong.

computerguy · 06-09-2016, 12:27 PM

Quote:

Originally Posted by Nana25K

Only if it is your second home. If its your only home ( you own no other) then my understanding is no

I belive this understanding is incorrect. Check the definition of a home with the IRS or you can actually call them.
https://turbotax.intuit.com/tax-tool.../INF29359.html

Disclaimer, I am not a tax professional and please research with the appropriate professional for you circumstances.

twinboat · 06-09-2016, 01:43 PM

I have claimed my boat as my primary home and my RV as my secondary, since I sold my sticks and bricks.

Their both old and the boat is paid for, so it doesn't add up to much but my tax guy says it's OK.

Nana25K · 06-09-2016, 02:26 PM

Quote:

Originally Posted by computerguy

I belive this understanding is incorrect. Check the definition of a home with the IRS or you can actually call them.
https://turbotax.intuit.com/tax-tool.../INF29359.html

Disclaimer, I am not a tax professional and please research with the appropriate professional for you circumstances.

Well I potentially stand corrected

Taylode · 06-09-2016, 10:29 PM

Thanks, I'll definitely look into it further!

paz · 06-10-2016, 05:41 AM

Quote:

Originally Posted by computerguy

I belive this understanding is incorrect. Check the definition of a home with the IRS or you can actually call them.
https://turbotax.intuit.com/tax-tool.../INF29359.html

Disclaimer, I am not a tax professional and please research with the appropriate professional for you circumstances.

That is also my understanding. To qualify as a residence, an RV or boat needs to have facilities for sleeping, cooking and toilet. We deducted the interest on our motorhome for 1 year as a second home then for almost 9 more years after we went full time as our primary residence.