IRS Deduction - was buyer beware
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05-05-2007, 15:52
Post: #3
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IRS Deduction - was buyer beware
Then pay income tax on the recap when you sell.
GregoryO'Connor 94ptRomolandCa --- In WanderlodgeForum@yahoogroups.com, "ac7880" wrote: > > Don't forget, there is no IRS deduction for the H2 Hummer as > a "second home" or "vacation home" for any interest on loans etc. > > A co-worker asked me a question I never considered before: > Can you deduct for depreciation of value on your "vacation home" (BB > Wanderlodge/BMC)?? > > Dan > 2 houses to deduct > 94 BB BMC 37' > > --- In WanderlodgeForum@yahoogroups.com, "Leroy Eckert" > > > > > > > A pre-owned H2 Hummer about 35K comes standard with GPS, moving map > display, DVD, leather seats, electronics inverter and room for a > large tent. It will fit in most any campground. No need for a toad. > Missing optional items include, bed, hot and cold running water, in > motion Sat TV, kitchen, convection oven, bathroom and other important > amenities. Looks to me like 35K for a top quality FC is a steal. > > > > Leroy Eckert > > 1990 WB-40"Smoke N Mirrors" > > Niceville, FL > > On Panama City Beach-Folks in the tents are hot---forcast high92 > > ----- Original Message ----- > > From: Mike Hohnstein > > To: WanderlodgeForum@yahoogroups.com > > Sent: Friday, May 04, 2007 10:35 PM > > Subject: Re: [WanderlodgeForum] Re: buyer beware > > > > > > Take heart!! Gary Miller has an exceptional example in your price > range. Go to http://www.millercoachworks.com FC33, ignore the sold and 47k > asking price, it's on the market for mid 30's and a real deal at that > figure. > > MH > > ----- Original Message ----- > > From: bubblerboy64 > > To: WanderlodgeForum@yahoogroups.com > > |
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Messages In This Thread |
IRS Deduction - was buyer beware - ac7880 - 05-05-2007, 11:44
IRS Deduction - was buyer beware - Leroy Eckert - 05-05-2007, 12:18
IRS Deduction - was buyer beware - Gregory OConnor - 05-05-2007 15:52
IRS Deduction - was buyer beware - Gregory OConnor - 05-05-2007, 16:13
IRS Deduction - was buyer beware - Leroy Eckert - 05-07-2007, 09:33
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