#!@##290er Official Hard At Work Thread#@$$&$*
05-28-2010, 05:53 AM
#501
Registered User
Originally Posted by Budman05,May 28 2010, 09:50 AM
Yes you can IF it has a head. I don't know if a shower is also required, but I don't think so.
Many folks write them off as a second home.
Many folks write them off as a second home.
05-28-2010, 05:54 AM
#502
Community Organizer
Originally Posted by FF2Skip,May 28 2010, 09:53 AM
It has a head.
I would think that living on a boat in the winter would be pretty miserable...
Especially a repeat of what we dealt with this year. 
05-28-2010, 06:02 AM
#505
Originally Posted by Budman05,May 28 2010, 09:59 AM
The portable electric heater he has for the trailer would heat a boat. 
05-28-2010, 06:02 AM
#506
Community Organizer
Originally Posted by FF2Skip,May 28 2010, 09:55 AM
Already thought about that. Imma gonna build a fire pit. 
05-28-2010, 06:05 AM
#507
Originally Posted by FF2Skip,May 28 2010, 09:45 AM
Yes, it's a depreciating asset. I understand that. I also understand the amount of upkeep/cost involved with a boat- 100x's more than a house. But 'd have something in five years.
AND as my residence, I believe I could write any interest off just like a standard home.
AND as my residence, I believe I could write any interest off just like a standard home.
building equity in a depreciating asset...are you going to live out of your car?
05-28-2010, 06:08 AM
#508
now THAT'S livin!
05-28-2010, 06:12 AM
#510
Community Organizer
Originally Posted by FF2Skip,May 28 2010, 09:45 AM
Yes, it's a depreciating asset. I understand that. I also understand the amount of upkeep/cost involved with a boat- 100x's more than a house. But 'd have something in five years.
AND as my residence, I believe I could write any interest off just like a standard home.
AND as my residence, I believe I could write any interest off just like a standard home.