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Old 02-11-2019, 07:14 PM   #21
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Join Date: Jan 2018
Location: Austin
Posts: 241
M.O.C. #21044

Did mine yesterday using a popular tax software ( which I have used for years). Followed the prompts, answered the questions and filled in the figures. I donít remember it asking for 2nd home mortgage info but it would be stretch for me to claim that. Anyway, after all the itemization (my past several years have been very similar but this year had the sales tax paid on the Monte purchase) the standard deduction ruled. My refund increased by more than 50% over last year - just a few hundred bucks - but I was pleasantly surprised.
Mikendebbie Austin TX - Aggie '77
2014 Chevy 3500 Crew LTZ LB SRW
2018 Montana 3921FB
+ two cute Aussies Gus+Fern
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Old 02-12-2019, 05:48 AM   #22
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Join Date: Feb 2019
Location: hernando
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M.O.C. #23408
Originally Posted by LindaV View Post
Yes, it is considered a second home because it has a sleeping area, kitchen area and bathroom. But with the change in standard deductions we weren't able to itimize this year and claim it - something I was really counting on when we bought it!
I use turbo tax and I was able to deduct the fifth wheel interest as mortgage interest on an additional property. It lowered my tax liability the same as any mortgage interest.
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Old 02-12-2019, 06:01 AM   #23
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Join Date: May 2018
Location: Murrells Inlet
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M.O.C. #21786

We have deducted all our travel trailers loan interest including our 5er for years. We were told it's a second home because it has a kitchen by our accountant. Hopefully, this year hasn't changed.
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