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Question: “My park accommodates park models as well as regular mobile homes. Will I be required to move the park model once I sell it?” –Kenneth C. (33), Grass Valley, CA Answer: This will depend on what your park management instructs you to do once you’ve sold the park model. While some parks in California […]
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 […]