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mortgage interest

Forum|Forum|6 years ago
February 5, 2020
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If I own an RV as a vacation home and don't receive a 1098 from the lender, can I still deduct the mortgage interest? The loan is secured by the RV and it has all components to qualify as a second home including sleeping, cooking and toilet.

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Best answer by MinhT1

You can deduct the interest you paid on your RV as mortgage interest on a second home, even if you do not receive a form 1098.

M

MinhT1Answer

You can deduct the interest you paid on your RV as mortgage interest on a second home, even if you do not receive a form 1098.

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C

cwobob2020

screen for mortgage interest will not let me enter zero balance for loan on RV - loan was paid off Help

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KarenJ2

If your mortgage balance as of 1/1/2019 (beginning mortgage balance) is 0.00 (box 2) , then delete the loan from your return as you did not pay any interest on your loan.

The balance for the end of the year would be the balance just before you paid it off.

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