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Updated over 5 years ago,
Mobile Home into Real Property
I currently have 2 mobile home rental properties, each on their own lot. I've heard that they're are benefits on turning them from personal property into real property; however, I've not found very clear advice on why I should do so, as the internet is fairly vague. I'm sorry if this topic has been covered many times, but my Bigger Pockets search yielded nothing thus far. I live in North Carolina, if that helps, and would like to know the specific benefits, or drawbacks, of turning my MH rentals into permanent housing.
Thank you in advance!