1098 reporting on boats registered with Coast Guar

Posted By: ABrooks

1098 reporting on boats registered with Coast Guar - 02/15/19 06:51 PM

Are lenders required to report 1098 interest on the prior year for loans secured by boats registered with the US Coast Guard?
Posted By: rlcarey

Re: 1098 reporting on boats registered with Coast Guar - 02/15/19 07:18 PM

https://www.irs.gov/pub/irs-pdf/i1098.pdf

Page 2 - top left - mortgage defined - see third paragraph