[Rhodes22-list] Firm Price

[pestyone57]

That's good news.

Philip

----- Original Message ----- 
From: "Hank" <hnw555 at gmail.com>
To: "The Rhodes 22 mail list" <rhodes22-list at rhodes22.org>
Sent: Friday, December 03, 2004 5:54 AM
Subject: Re: [Rhodes22-list] Firm Price


> As far as I know, you do not have to spend a specified time in the
> boat.  To qualify as a second home, the boat must have cooking
> capability, sleeping capability and a head.
>
> Hank
>
>
> On Fri, 3 Dec 2004 08:51:37 -0800, pestyone57 <pestyone57 at comcast.net> 
> wrote:
>> 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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