Somehow this thread got off track with the attempt to interpret tax deductions as it pertains to tourny fishing. Greys original question pertained to deducting things such as interest (loans on boats/second residence,and fee's associated with seasonal docking. If the boat is designed by the manufacturer for overnighting (head, full galley, sleeping quarters) it could be considered a second home and interest from a loan is tax deductible as well as docking fees (as per my tax guru). I was told this info on the boat is built into the boats VIN number, thus identified when submitted for tax purposes.
My guy takes the loan interest as well as the dock fees every year, no handcuffs Yet