Can An Rv Be Considered A Primary Residence

Rather than settling down in a geographically based community campers form their ties on the fly creating a worldwide network of adventurers linked by discussion.

Can an rv be considered a primary residence.

Even if your rv isn t considered a primary residence it could be a second home. Yes recreational vehicles and boats can be considered second homes for tax purposes. This can be a boat or rv even if the boat or vehicle doesn t have a permanent location. An rv or a boat can qualify as a primary residence.

The benefit of treating a boat or rv as your primary residence is to take allowable homeowner tax deductions that can decrease your overall tax bill. The spontaneity and perpetual adventure of not having firm roots is a huge part of what draws many full timers to the lifestyle in the first place. In either case the interest payments on a loan could be tax deductible. As you can see from the above an rv can more than make a suitable place for living long term and the law has no problem recognizing your right as a civilian to do so.

Now that we ve covered all of that important information it s time to look at how making an rv your primary residence can have other financial implications. Any sales tax or vehicle registration fees paid could be tax deductible as well. When you live in your rig full time home is well wherever you park it. The rv or boat would have to be the collateral on the loan for the interest to be tax deductible.