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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 […]
When you purchase a manufactured home, you receive more than just a place to live; you also get peace of mind knowing that your home has been carefully built to specific standards and requirements. All manufactured homes built in compliance with the Department of Housing and Urban Development (HUD) are issued an 8.5″ x 11″ […]
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 […]