Main Street Business

#566 Can an RV be Deducted on Your Taxes? (RV Tax Strategies for 2025)

Mar 4, 2025
Discover how RV ownership can become a savvy financial move! Learn about transforming your RV into a business asset with potential tax deductions. Dive into the benefits of renting out your home while traveling. Plus, find out how to write off RV expenses when using it for work. Whether you're a part-time adventurer or a full-time RVer, these tips could save you money. Don't miss the insights on dual-purpose RVs and maximizing every mile!
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INSIGHT

RV Ownership Statistics

  • RV ownership is surprisingly common, with 13% of US households owning one.
  • 43 million Americans regularly go RVing, and millennials make up a significant portion.
ADVICE

Categorizing RV Use

  • Consider two main categories of RV usage: full-time living and occasional use.
  • Factor in how many days per year the RV will be used and its potential for business.
ADVICE

Deductions for Full-Time RVers

  • Full-time RVers cannot deduct the RV as a home but can deduct a portion for a home office.
  • They can write off mileage for business use when moving the RV.
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