Question

houseboat deductions

Forum|Forum|4 years ago
October 4, 2021
1 reply
0 views

can a fireman paramedic deduct anything from purchasing a 25k houseboat to stay in stead of hotel rooms for work, he paid 25k cash and pays 1800 a month in docking fees, and he does own a home.

The houseboat has a bed and a bathroom

X

xmasbaby0

When you have a boat as a second home you can deduct mortgage interest if the boat has cooking, sleeping and bathroom facilities. But you say you paid cash--so there is no interest to deduct, nor is there any property tax to enter. Sorry---it does not seem that you have anything about your houseboat to enter on a tax return.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

Danielle BarranteAuthor

So they also cannot claim anything on the docking fees every month, this paid in stead of hotel costs?

X

xmasbaby0

Sorry, no. And hotel costs would not have been deductible---so not sure why you mention that.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**