Travel Trailer and Camper Tax Parity Act

Right now, businesses can only deduct a limited amount of the interest they pay on loans. However, there is an exception for loans that dealers use to buy motorized vehicles they plan to sell, like cars. This bill would extend that same exception to loans that dealers use to buy non-motorized campers and trailers — the kind that are towed behind a vehicle and used for camping or seasonal living. Basically, it would let dealers of towable campers and trailers deduct interest on their inventory loans the same way car dealers already can.

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