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|Re: RV Tax Deduction by Greg|
|I'm not an accountant, but I don't think you can deduct the interest on the note. I believe you can deduct the depreciation on the vehicle, using a published resource (if there is one for RVs). Talk to your tax preparer, because that could flag an audit.
There are seven states where you can register your vehicle where there is no state income tax: Alaska, Florida, Nevada, South Dakota, Texas, Washington and Wyoming. Two others, New Hampshire and Tennessee, tax only dividend and interest income.