mrsrobinson
Well-Known Member
This is why I went the HELOC route. That said, with my 2nd to last boat, I did a 5 year Lightstream loan and wrote off the interest all 5 years. Uncle Sam never asked so...couldn't be any clearer there! Thanks for that link, so that's one downside to the unsecured route depending on the actual interest paid YoY and the tax situation of course.