Use your RV for business? What expenses can you deduct?

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By Neil Seidler, CPA, CMA

Dear Neil,
I use my RV for business. Can I deduct expenses related to using it for business income?


Neil’s response:
Expenses incurred for the purpose of gaining or producing income can generally be deducted from that income in calculating the net income or loss for income tax purposes. For example, if you used your RV to travel to trade shows or other events to market or promote your product or services, then some or all of the expenses related to that trip would be an expense for tax purposes — things like fuel, RV maintenance, license and insurance costs, depreciation, RV park fees, trade show registration fees, etc.

You’ll want to keep detailed logs of both the expenses and the personal vs. business use of the RV. You can only deduct the business portion of the expenses.

The material presented here is for informational purposes only, and is not intended to
provide, and should not be relied on for tax, accounting or legal advice. Readers should
consult their own tax, accounting, and legal advisors to discuss their own personal matters.

Neil Seidler CPA, CMA, has served businesses and individuals across the USA and Canada for 35 years. As an avid RVer and recent full-timer he has a unique perspective on RV tax issues. Contact him at TheRVTaxGuy (at) gmail.com .

Read Neil’s most recent post: Is interest on an RV loan tax deductible?

##RVT919

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