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post #5 of Old 04-15-2002
Don Foley
Join Date: Feb 2002
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Inboard or outboard?

This should be it''s own thread, but I''ll reply.

I don''t know what the exact stipulations are, but my accountant just asks "is it big enough to live aboard"

"Yes" I reply

He takes the interest statement on the boat loan and puts it into the mix, deducting the interest as a second home.

Not much help, but the answer is "yes, there''s a way to have your sailboat considered a second home."
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