Financing?
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10-24-2006, 07:49
Post: #7
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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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