[Rhodes22-list] Firm Price

[pestyone57]

Ed K or a tax expert,

I have heard if you can live aboard, you can deduct the interest, but do you 
have to spend a specific amount of time on the boat, as you would in a 
"vacation" home or RV and does the time have to be consecutive?

Philip


----- Original Message ----- 
From: "ed kroposki" <ekroposki at charter.net>
To: "'Hank'" <hnw555 at gmail.com>; "'The Rhodes 22 mail list'" 
<rhodes22-list at rhodes22.org>
Sent: Friday, December 03, 2004 4:56 AM
Subject: RE: [Rhodes22-list] Firm Price


Phillip:
Keep in mind that if you do not already have a second house, under
U.S. tax laws the interest may qualify as a deduction as on a second home.
That is if you file an itemized return.

Ed K
Greenville, SC, USA
Addendum:
Keep your object always in mind, while adapting your plan to circumstances.
Realize that there are more ways than one of gaining an object.
Hart, B.H. Liddell, Strategy, 2nd Revised Edition, Praeger Publishers, N. Y.
1975



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