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Fifth Wheel As a Traveling Apartment

by Paula R.
(Central Florida)

We are part-timers, living in our RV part of the year while my husband works.

My husband travels for his work as a contract software engineer. He takes assignments that last from 3 months to a year at a time. Usually, the job pays expenses so he can fly in and out each week. But occasionally, like with this recession, we must accompany him.

We have a very nice Montana fifth wheel with bunkhouse for our two boys. We also homeschool, so we are pretty portable and flexible.

I LOVE living in the RV! It is easy to clean, has all the conveniences, and simplifies life for the time we are on location.

Even when my husband can fly in and out and we are at out "sticks and bricks," he uses the RV as his "traveling apartment". Because it is business use, it is also a tax write off.

We think the RV lifestyle is great and look forward to a day when we can be on the road full-time.

Comments for
Fifth Wheel As a Traveling Apartment

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Yes and No
by: Anonymous

If he is using this unit for his apartment, you are not the write off, so everything he uses is a write off. The loan for the unit is a write off
The price of the unit is a write off.

There is a bad side to this. When you go to sell, he has already taken all the money out of it, thru the years of owning. So you will have to pay tax on the selling price.

His food, not yours. But everything else is a write off. Keep all receipts.

Good luck.

Traveling Engineer
by: John&Cindy

Can you tell me, is the entire cost of an RV used as a traveling apartment a tax write off or only the interest paid on a loan, if any? How do you amortize the principal and interest (i.e. over 5 year or 7 years). I am a traveling engineer with the same idea. Please advise, I am clueless. Thank you.
john_d_stacy at yahoo.com

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