Hello,Can we write off loan fees and sales tax for a motor home that we purchased in 2024? Also are motor home tires, repair and maintenance write offs?

Yes, you can deduct the sales tax for the motorhome if you are itemizing your return.  

Yes sort of, if this is treated as a second home you can deduct mortgage interest if you are itemizing your return. However, general loan fees are not deductible.  

No, you cannot deduct repairs, tires or maintenance as these are personal expenses and personal property expenses are not tax deductible. 

Itemized expenses include mortgage interest, gambling losses up to winnings,  charitable contributions, state and local taxes (or sales tax) up to $10,000, medical expenses in excess of 7.5% of your AGI and casualty and losses in excess of 10% of you AGI with the first $100 not counting towards the loss. 

Then your total itemized expenses would need to be greater than your standard deduction below in order to benefit from your expenses. 

The 2024 Standard Deductions are as follows:

• Married Filing Joint (MFJ)              $29,200
• Married Filing Separate (MFS)      $14,600
• Head of Household (HOH)             $21,900 
• Single                                                 $14,600                                

Blind or over 65 and MFJ or MFS add $1,550

Single or HOH if blind or over 65 add $1,950

Standard versus Itemized Deduction