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writing off LQ trailer as 2nd home tax gurus

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Jump to page : 		Last activity 2017-10-29 8:50 PM
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horses78
Reg. Sep 2007
Posted 2017-10-29 12:48 AM
Subject: writing off LQ trailer as 2nd home tax gurus


Veteran


Posts: 174
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I have heard that interest paid on a living quarters trailer can be written off as either a 2nd home or primary residence. any insight on this?

thanks
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SKM
Reg. Dec 2003
Posted 2017-10-29 7:10 AM
Subject: RE: writing off LQ trailer as 2nd home tax gurus



Saint Stacey


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I’m not sure about a primary residence? But I do know if you own a home, then you can claim a LQ horse trailer or camper or even a boat as a secondary home as long as it’s self contained and has a bathroom. We did it with ours.
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Bear
Reg. Dec 2007
Posted 2017-10-29 7:37 AM
Subject: RE: writing off LQ trailer as 2nd home tax gurus



BHW Resident Surgeon


Posts: 25352
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Location: Bastrop, Texas		SKM is right. The key is that it has to have a bathroom.
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magic gunsmoke
Reg. Dec 2010
Posted 2017-10-29 8:50 PM
Subject: RE: writing off LQ trailer as 2nd home tax gurus



IMA No Hair Style Gal


Posts: 2594
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Yes, we write off the interest we pay each year on our LQ. It has to have a bathroom for sure (and a full kitchen I believe). We write it off as a vacation home.
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