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: “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 […]

Whether you’re a homeowner looking to sell or a buyer searching for the perfect home, there’s one crucial step at the forefront of every transaction: determining the market value. This process can sometimes be overwhelming, but rest assured, there are a few basic questions to consider and routes to take that will help you get […]