Boat buyers should be aware that a boat is considered a second home for federal tax purposes if it has a galley, an installed head and sleeping berth

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Boat buyers should be aware that a boat is considered a second home for federal tax purposes if it has a galley, an installed head and sleeping berth

© Scott Croft

Boat buyers should be aware that a boat is considered a second home for federal tax purposes if it has a galley, an installed head and sleeping berth photo copyright Scott Croft taken at and featuring the Power boat class

Power boat

BoatUS: Tax provisions for boats extended
Just two short years ago, Congress extended some boat sales tax and mortgage interest deductions for recreational boat buyers.

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