Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 4 years ago on . Most recent reply

User Stats

136
Posts
29
Votes
Marcus Brown
  • Investor
  • Phoenix, AZ
29
Votes |
136
Posts

Does the primary residence tax exemption apply to mobile homes?

Marcus Brown
  • Investor
  • Phoenix, AZ
Posted

Let's say I buy land and put a mobile home on it and live there 2 years, then sell for a profit. If the mobile home is considered personal property would the profits be taxed?

Most Popular Reply

User Stats

382
Posts
272
Votes
Bob Norton
  • Accountant
  • Slidell, LA
272
Votes |
382
Posts
Bob Norton
  • Accountant
  • Slidell, LA
Replied

@Marcus Brown You should file an Affidavit of Affixation with your county to convert the mobile home to real estate.  Then, there will be no doubt that your mobile home is a primary residence and that you qualify for the tax exclusion under Sec 121.

  • Bob Norton
  • Loading replies...