Interest tax deductible on boat loans
"Denis Marier" wrote in message
...
I have hear that (In the US) when you buy a sailboat suitable to live
aboard
the interest paid on the loan are tax deductible.
I would appreciate if someone can enlightens me on this subject.
TIA
If it has a head and galley, then you can deduct it as a 2nd home. That
feature was a real selling point with my wife.
-Greg
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