#566 Can an RV be Deducted on Your Taxes? (RV Tax Strategies for 2025)

Main Street Business

Mark J Kohler and Mat Sorensen

Tax Reform, Entrepreneurship, Business, Irs Updates, Tax Tips, Legal Compliance, Business Structure, Tax Prep, Accounting, Tax Strategies, Management, Financial Reporting, Estate Planning

2.4 • 584 Ratings

🗓️ 4 March 2025

⏱️ 19 minutes

🔗️ Recording | iTunes | RSS

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Summary

In this episode of the Main Street Business Podcast, Mark J. Kohler and Mat Sorensen break down tax-saving strategies for RV owners in 2025! Whether you're a weekend warrior or a full-time traveler, learn how to turn your RV into a business asset, claim deductions, and keep more money in your pocket. Here are some of the highlights: Mark and Mat provide statistics on RV ownership, noting that 13% of US households own a recreational vehicle and 43 million Americans regularly go RVing.Mat...

Transcript

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0:00.0	Welcome to the Main Street Business Podcast with your distinguished hosts, Mark J. Kohler and Matt Sorensen.
0:05.5	Both are best-selling authors and have over 25 years of industry experience with 10,000 client consultations,
0:12.3	making them the leading tax and legal experts in the nation.
0:16.1	Together, they'll unpack the most complex tax, legal, and financial strategies,
0:20.6	crucial for saving more,
0:22.1	stressing less, and building generational wealth. Today, they're your personal advisors.
0:28.1	Ready to break it down for you and make the tax and legal game easier than ever.
0:32.6	Here is Mark and Matt. I've met with a lot of full-time art years. There's a financial strategy here. You're literally moving your home for business. You're getting 1099s where you go. So you'll have a business. That's probably the biggest benefit of the full-time RVer. I can choose one of these nine states that have no state income tax and go, I'm moving my domicile. Do you ever go anywhere with your small business where you could use the RV to get there? Do you go to conferences, events? Do you go pick up supplies? You go meet with vendors? All of a sudden, this RV becomes a work truck. Welcome, everybody, to another episode of the Main Street Business Podcast. My name is Mark Corr. I'm here
1:10.9	with the illustrious band Sorenson. We're here to talk about an exciting topic. It is
1:15.2	RV show time in America. It's February, March, everyone's going to RV shows, getting
1:21.9	ready for the summer. Yeah, and you want to talk about taxes. Yeah. Well, hey, anybody that's
1:26.7	buying an RV is like,
1:27.7	how can I write this thing off? Yeah, I mean, that's just what the wife does not want her husband to know. Yeah, she's like, hey, doesn't need one more reason to be able to buy the RV. You know, the lifestyle we can have, oh, my country, babe, and it's a tax ride off. That's just like your gateway, that's your, that's your way in.
1:43.5	Okay, now somebody I may even wonder, why are you talking about this, tax rate, RVs?
1:46.7	Okay, now, if you own wonder, why are you talking about this tax rate? RVs? Okay, now if you own an
1:47.7	RV, you're like all in. You already saw this broadcast. Do you know RV ownership in 24 was
1:53.4	to 11 million households. 13% of U.S. households own a recreational vehicle, 43 million Americans regularly go RVing.
2:03.3	I just invested into an RV resort.
2:05.6	Did you really?
2:06.3	Yes, sell me that.
2:07.3	Yes, and they have multiple locations
2:08.9	from Lake of Ozarks to Virginia, to, so, yeah.
	...

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