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Old 03-23-2008, 04:46 PM   #1
lwcdg
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montana a 2nd home?

How many have the Monty as a 2nd home?
I was thinking of this when Okie Guy posted his question of financing.
Our bank told us years ago that it could be set up as a vacation home.
thsnks
chuck
 
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Old 03-23-2008, 04:56 PM   #2
waldo238
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I have a 25' cabin cruiser that I have been writing off my taxes for 12 years. One reason I bought the new rig is my write off is getting small on the boat, so next year I will write off the rig as my second.
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Old 03-23-2008, 05:18 PM   #3
Parrothead
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We've written off our RV's as a vacation home for many years. As long as it is self-contained, it is elgible.
Happy trails.........................
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Old 03-23-2008, 06:33 PM   #4
bsmeaton
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As long as you don't already have a second home, you can deduct any interest you pay on the Monty. I don't beleive there is anything special you need to set up, at least for Federal.
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Old 03-23-2008, 07:11 PM   #5
exav8tr
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Brad is correct, I just went through this with our CPA/Tax guy.
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Old 03-24-2008, 06:01 AM   #6
Sunshine
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Ditto - self contained boats and RV's interest can be deducted as second home; at least here in Oregon.
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Old 03-24-2008, 08:32 AM   #7
TMerrell
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We've been writing it off since 2002.
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Old 03-24-2008, 11:41 AM   #8
bkirk
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I have been writing my interest off since 1999. Every little bit helps come tax time !!
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Old 03-26-2008, 04:58 PM   #9
Ed Benson
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This is a great savings often overlooked. We have been deducting the interest on our self contained RV's for the last 10 years as a 2nd home. Every little bit helps.
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Old 03-26-2008, 05:02 PM   #10
2golfers
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We write ours off, but we also live in it most of the time for Pat's Travel Nursing job
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Old 03-26-2008, 05:17 PM   #11
Icehouse
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Been writing off the RV for years as a second home.
Tammy
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Old 03-27-2008, 03:48 PM   #12
txkrumm
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Ditto,
t
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Old 03-28-2008, 05:35 PM   #13
sreigle
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Prior to fulltiming we took the 2nd home deductions for our Montana. Now, of course, it is our only home.
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Old 03-28-2008, 07:21 PM   #14
snfexpress
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Don't forget the registration fees and taxes you paid for your rig.
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