In this episode of the Main Street Business Podcast, Mark J. Kohler and Mat Sorensen break down tax-saving strategies for RV owners in 2025! Whether you're a weekend warrior or a full-time traveler, learn how to turn your RV into a business asset, claim deductions, and keep more money in your pocket.
Here are some of the highlights:
- Mark and Mat provide statistics on RV ownership, noting that 13% of US households own a recreational vehicle and 43 million Americans regularly go RVing.
- Mat discusses the concept of full-time RVers and the opportunities for work campers in RV parks.
- Mark explains the financial benefits of not selling one's home but renting it out as an Airbnb to cover RV expenses.
- How full-time RVers cannot write off their RV as a home but can write off a portion if it is used as a home office.
- Part-time RV owners should determine how many days a year they will use the RV and consider its potential business use.
- Mark points out that if an RV is 100% available for rent, it can be written off as a business asset.
- Mat highlights the flexibility of using an RV for both personal and business purposes, making it a versatile asset.
- The possibility of writing off mileage for business use when moving the RV for work.
