So you bought a new RV in 2018, maybe with your newfound riches (or a miscalculation of what they might be) resulting from the Tax Cuts and Jobs Act. If you bought at a dealer, you probably paid sales tax at purchase time, and maybe even included it in the loan you took out (remember,…
Month: April 2019
Can you deduct your towable RV’s loan interest for 2018?
Let me start off by saying that there has been a lot of bad reporting, sensationalism, and misunderstanding with regard to tax law changes that were part of the Tax Cuts and Jobs Act which became law just in time for the 2018 tax year. It’s bound to happen to some degree when you pass…