How to Calculate Depreciation on a Mobile Home?


Calculating depreciation on a mobile home depends on many factors. Is the home in a nice area? Does that home have problems of any sort? Or is the neighborhood hidden?
Q&A Related to "How to Calculate Depreciation on a Mobile Home..."
1. Review the year that you purchased the mobile home. Mobile homes purchased after January 1, 2000, can use the standard depreciation method to determine your tax rate. You must
A mobile home has a much shorter life span than a "stick built" home. I live in a "stick built" home right now that is 43 year old and it is in terrific shape
1. Shut off water at the outside stopcock. If the home draws water from a well, set the water supply valve in the off position. Flush all toilets and add 1 quart of plumbing antifreeze
1. Check with your local building inspector to see if you will need a building permit before attaching a carport to mobile home. In many areas, any time you are making a permanent
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