How to write-off your boat loan interest as a second home for federal tax deduction in the U.S. Boaters are always looking for ways to make boating more affordable, and writing off your boat loan interest on your tax return can provide big annual savings! Yes, your boat loan interest is tax deductible! Many boat owners in...
Tag: affordable boating
Cost-Saving Ideas to Make Boating More Affordable
Ways boaters can spend less money and still enjoy recreational boating without breaking their budget It’s no secret that boating costs money. You need to have a certain amount of discretionary income to enjoy the lifestyle, but you certainly don’t need to be rich if you are smart about how you boat. I always consider boating...