Home Income Tax Deductions

by Helen Burgess
(Pensacola FL)

Home Income Tax Deduction

Home Income Tax Deduction

We bought a mobile home may of 2010 can we claim it on our taxes this year?

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Jun 06, 2018
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Home Tax Deduction
by: Stephanie

Thank you for your question about whether your can claim a mobile home purchase on your taxes.

If you are using the mobile home as a rental, you can claim it as a rental expense taking depreciation in addition to any interest paid on a mortgage on Schedule C.

If it is a personal residence and you have a loan, you can deduct mortgage interest on form schedule A.

Apr 14, 2011
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Itemized Home Deductions
by: Stephanie

Hello Helen

Yes, since you bought a mobile home in may of 2010, you can claim the mortgage interest and real estate taxes on your taxes this year as an itemized deduction.


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