Looking for various tax strategies to reduce the reality that a large RV or boat is a grossly depreciating assetI would not have a loan, so claiming it as a primary or secondary residence and claiming the mortgage deduction is not applicable.I sold my primary residence and I have several rental properties which I use as I'm fixing them up.What I'm pondering is living aboard and working aboard developing a new product, while traveling.  

., mortgage interest, taxes, repairs, depreciation) on Schedule E starting when the property is placed in service.

Adding the ex to the title could trigger gift tax implications, so keeping it simple is best.

Use that loan to pay the back taxes and get things under control.

I am in one of the higher tax brackets and could be saving around 40k~ a year on taxes with this.

Taxes and requirements should be much lower for a LTR

The only taxes I remit directly now are the tiny town tax they implemented of 1%.I just take my net income spreadsheet and calculate the 1% and give them a check.

Assessments in NJ are not done on sale, unless it's a new build or a complete renovation where the permits tip them to reassess, so every three years or so they reassess all of the properties and taxes go up most of the time.

Keeping clean records from day one really helps when tax season rolls around.

Could VRBO users from Michigan provide some clarity about the topic of sales tax/lodging tax collection and payment to the state.