 lot rent (by j bisson [TX]) Feb 17, 2014 10:35 AM
 lot rent (by T&J [TX]) Feb 17, 2014 7:30 PM
lot rent (by Mark [CA]) Feb 18, 2014 5:04 AM
lot rent (by Pattyk [MO]) Feb 18, 2014 5:39 AM
lot rent (by Gruvin [TX]) Feb 18, 2014 8:58 AM
lot rent (by jbisson [TX]) Feb 18, 2014 10:46 AM
lot rent (by j bisson [TX]) Posted on: Feb 17, 2014 10:35 AM
Message:
State Specific Question About: TEXAS (TX)
If you own a mobile home that you rent out in a mobile home park you can deduct the lot rent cant you?I m paying $430 a month.. I need to find some land to put it on for that kind of money any selling around Denton ,Sanger,Krum?
--97.94.xxx.xxx |
lot rent (by T&J [TX]) Posted on: Feb 17, 2014 7:30 PM
Message:
We got tired of paying lot rents and started developing our own MH parks. Just a thought for you. --108.208.xxx.xx |
lot rent (by Mark [CA]) Posted on: Feb 18, 2014 5:04 AM
Message:
@j bisson - yes you can deduct the lot rent. It is a cost of doing business directly related to the rental. --166.137.xxx.xx |
lot rent (by Pattyk [MO]) Posted on: Feb 18, 2014 5:39 AM
Message:
are you paying the pad rent? is it your business expense?
for example rent is $700 and you take part of that and pay the paid rent, that is a business expense to you.
or rent is $700-$430= $270 and that is all they pay you($270), tenant is paying the pad rent, not your deduction.
--173.156.xxx.xx |
lot rent (by Gruvin [TX]) Posted on: Feb 18, 2014 8:58 AM
Message:
Goodness, 430 a month for a lot? That is pretty significant property value...
Look for a small piece of land big enough for 2-4 nice little lots for MHs... The infrastructure for these units will cost but the installation can be staggered a little to reduce up front costs.
There is an acre in Krum for sale MLS# 12086106 --23.123.xxx.xx |
lot rent (by jbisson [TX]) Posted on: Feb 18, 2014 10:46 AM
Message:
Thanks eveyone,I appreciate your feedback.I will check out that land in Krum. I would like to open my own mobile home park, a small one.
I pay the lot rent out of the rent money the tenants pay me.$700.00 $430 goes to lot rent.It keeps going up .
--97.94.xxx.xxx |
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