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Financing?
10-24-2006, 07:49
Post: #7
Financing?
Interest on an RV can be written off as a second home on taxes, no
matter who finances it. Check with your local credit union.
Bill 90sp36

--- In WanderlodgeForum@yahoogroups.com, Pete Masterson
wrote:
>
> If you are a home owner (and have some equity) you may be able to use
> an equity credit line or simply refinance your home with a cash out
> option (although that can generate some considerable interest expense
> as you're financing a depreciating asset with a 30 year loan). There
> are some tax aspects to consider as well, as home-interest (as in a
> refinance) is generally deductible while a vehicle or credit union
> loan is not deductible.
>
> A smaller bank may be willing to finance a 'bird if you have other
> assets (e.g. stocks, certificates of deposit) to pledge to make the
> loan to value ratio more attractive.
>
> Pete Masterson
> aeonix1@...
> '95 Bluebird Wanderlodge WBDA 42'
> El Sobrante, CA
>
>
>
>
> On Oct 23, 2006, at 4:22 PM, Scott Forman wrote:
>
> > Anyone ever find any "outside the box" folks who will finance the
> > older
> > BB's? In most cases a 15-20 yr old BB is a better bet than a 10-year
> > old plastic unit, yet no one will finance the old 'Birds. I'd love to
> > upgrade, but can't do it out of pocket.
> >
> > Scott Forman
> > 82 FC35RB
> > Memphis
>
>
>
> [Non-text portions of this message have been removed]
>
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Messages In This Thread
Financing? - erniecarpet@... - 10-23-2006, 09:08
Financing? - Scott Forman - 10-23-2006, 11:22
Financing? - mbulriss - 10-23-2006, 11:38
Financing? - Bob Lawrence - 10-23-2006, 14:16
Financing? - Pete Masterson - 10-23-2006, 15:46
Financing? - M Thomas Eastham - 10-24-2006, 00:47
Financing? - Bill Rowe - 10-24-2006 07:49



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