Thread: Boat deductions
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posted to rec.boats
DSK
 
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Default Boat deductions

JohnH wrote:
The requirements for claiming the interest deduction on a boat as a 'second home' do
not include sleeping on it for 'a certain number of nights per year."


That's what I was told by an accountant, some years back. It
may be that my memory is mixing up what he told us, but I
doubt it was mixing requirements for rental property since
we don't own any and never have.

In any event, a person who takes tax advice from usenet
without verifiying it would have to be pretty darn stupid.

DSK