Originally Posted by Rustysocket
In some cases you can, but there are some stipulations.
Don't take your financial or insurance advice from people on the internet.
Talk to a professional.
+1, from a CPA. I really love it when my clients start a conversation with "I heard I can deduct XYZ ..." Every now and again, we will get a missed deduction, but mostly it's just "bar talk" and wishful thinking.
For starters, the interest deduction is an itemized deduction. If you don't (or can't) itemize, no deduction.
One commonly missed potential deduction is on an RV purchase. If your state does not have income tax, and instead has sales tax, you may be able to deduct the sales tax paid on the purchase of the RV. That goes for other vehicles and major purchases as well.
Again, best thing to do is talk to a trusted professional.
2014 Jay Flight 28 BHBE
2015 RAM 2500 6.4L HEMI, Tradesman 4x4, 3.73
Blue Ox SwayPro (BXW 1503)
Upgraded from an REI internal frame backpack and a Eureka 1/2 dome tent!