Writing Off Your RV
Living in an RV as a multistate worker is one of the best ways to travel, but when it comes to per diems, expenses, and tax homes, having a home on wheels can be tricky. Can you even write off the RV itself? Let’s find out.
Should you abandon everything and travel the country in an RV as an itinerant traveler?
PROS:
no need to find lodging
can still receive tax-free per diems IF you can justify extra expenses like utilities, pad rental
CONS:
more difficult in cold/bad weather
difficult to justify expenses that would qualify you for tax-free per diems
less deductibles - cannot write off RV itself!