Im going to purchase a doublewide thats in a park im also buying a my own lot to put it on. Can I claim the doublewide+land+moving cost? Also could I claim how much it took me to get the land ready for septic+well+landscaping?

No, the only thing you will be able to claim is the purchase price for the trailer, not moving it, not setting up, not the landscape, etc. Only 10% of the actual trailer costs, up to 8k.

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5 Responses

  1. linkus86

    2010 Apr 28 1

    The home buyer tax credit applies to your income taxes, not your expenses. The purchase of a mobile home will qualify you for the tax credit if purchased before 4/30/2010
    References :
    Realtor

  2. Age of Reason

    2010 Apr 28 2

    The credit is for 10% of the purchase price of the home. No moving costs allowed
    References :

  3. Doctor Deth

    2010 Apr 28 3

    you can never claim anything for septic-well-landscaping
    not even sure if the credit is good for mobile homes
    if it is – it’s only good on the purchase price of the home. period.
    References :

  4. Landlord

    2010 Apr 28 4

    No, the only thing you will be able to claim is the purchase price for the trailer, not moving it, not setting up, not the landscape, etc. Only 10% of the actual trailer costs, up to 8k.
    References :

  5. Smokies Hiker

    2010 Apr 28 5

    The tax credit applies to the purchase of the home and property, nothing more. It’s a 10% tax credit up to a maximum of $8,000. What steps you have to take to renovate the property to live there is your expense. Good luck and enjoy the house!
    References :


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