Sunday, September 19, 2004

Is a Motor Home Transportation or Lodging?

At the U.S. Tax Court, questions often arise that border on the metaphysical. Take, for instance: Is a motor home "used predominantly to furnish lodging" or "used primarily as a means of transportation"?

The question is not without consequence. A deduction taken by a taxpayer would be allowable if a motor home is transportation and not allowable if it is lodging. An Oregon couple, in the business of selling and renting these vehicles, said "transportation" and took an accelerated deduction for a motor home they bought and rented out on a short-term basis, calling it business equipment. The IRS called it "lodging" and disallowed the fast write-off. Full Story...

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