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Old 04-22-2002
JohnDrake JohnDrake is offline
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Second home

Quite true. You can find the exact rule on the IRS site.. it is searchable. Ask your bank or loan company for a copy of the IRS form (1099 or 1098, I forget at this moment) that states your interest. For a boat loan... they generally will not send this automatically at the end of the tax yr.
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