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View Full Version : Can I claim my newell as a second home for tax reasons?


Will Procter
10-01-2012, 02:11 AM
I was informed that if you own a motor home that you could claim them as a second home on your taxes and get an exemption from it.

If this is true, could someone please tell me how this works?

folivier
10-01-2012, 02:34 AM
I think the only thing you can claim is the interest payments.

NewellCrazy
10-01-2012, 03:56 AM
I think the only thing you can claim is the interest payments.

Forest is correct,

You can claim the interest payed on your Motor home as a deduction on both federal and state returns.

GringoPhil
10-01-2012, 04:02 AM
You can only claim the INTEREST paid - assuming you took a loan out to buy the rig! NOT the cost of the rig.

lbrachfe
10-01-2012, 02:33 PM
We use our rig in our biz and do itemize deductions and include a percentage of fuel, repair, upgrade and maint costs. We do not try to claim it as a hotel room expense, home office or second home.

jWolfe
10-17-2012, 08:12 PM
Yes, your Newell qualifies as a second home. A good accountant will be able to help you, they can answer all your questions.

ccjohnson
10-18-2012, 04:15 AM
Ours is a mobile office. My tax guy says we can also get depreciation.