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Old 23-06-2009, 12:20   #12
grunzster
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Join Date: Nov 2008
Location: Highlands, NJ
Boat: Gemini 105M, Grouchy Turtle
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Quote:
Originally Posted by Hud3 View Post
You can definitely claim a deduction for loan interest paid on a boat that qualifies as a "second home". It just has to have a head and the ability to cook food, as I recall, i.e., it needs to be "livable".
I don't own a house, so what about as a first home?
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