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Old 05-28-2018, 05:43 PM   #3
paulga
Guru
 
City: nyc
Vessel Name: DD
Vessel Model: Marine Trader Sundeck 40'
Join Date: May 2018
Posts: 869
Thanks for reply.
I currently rent and have some savings. I debate on if I should use the savings as downpay for a home or buy a boat first .

I want to take a boat loan if the interest payment are tax deductible. if so and I later purchase a home, are the interest payments to the mortgage still tax deductible?

many boat loans restrict the boat year be 1989 or newer. does that mean I need to pay in cash for a boat older than 1989?
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