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Strategies & Market Trends : Drillbits & Bottlerockets -- Ignore unavailable to you. Want to Upgrade?

To: MulhollandDrive who wrote (6427)3/28/2001 10:49:22 AM
From: Jorj X Mckie  Read Replies (2) | Respond to of 15481
 
Smoothsail spends the summers on her boat in Catalina and she brings her cat.

Good question about the primary residence thing



To: MulhollandDrive who wrote (6427)3/28/2001 5:37:58 PM
From: Doppler  Read Replies (1) | Respond to of 15481
 
Mrs. P- Not only is the interest deductible on it if it is your primary residence, you can write off the interest on many boats (those with heads and cuddy cabins etc) as a second home as well.

Disclaimer- check with your tax advisor on the specifics of your individual case.


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