Question: “I own my own land, and I plan to install a mobile home on it for my retirement. The cost of homes in mobile home communities is much lower than it would be to purchase a new home outright. If I were to purchase a mobile home within a mobile home community, pay for […]

Question: “I’ve heard conflicting information on whether or not mobile home lot rent is tax-deductible. What’s the verdict?” – Chase O. (32), Albany, NY Answer: The complete answer is somewhat complex. However, in the eyes of the Internal Revenue Service (IRS), mobile home lot rent is typically not tax-deductible as a personal expense. Generally, the […]

Question: “I keep hearing about cross-modular homes. What is a cross-modular home, and what makes it different from other mobile homes?” –Jonny V. (38), Provo, UT Answer: Cross-modular or “CrossMod” homes are a relatively newer concept in manufactured housing. In essence, cross-modular homes aim to offer more customizable and affordable options for homeowners while bridging […]