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Deductions & credits
What if the property owner (the one who built it) bought a mobile home to put on the property while he was building. Would the cost of the mobile home go into basis? I am leaning that it wouldn't because the mobile home was not a structural cost, and if we cannot count the owner's assumed labor costs, why would we include the cost of their mobile home.
March 13, 2021
12:48 PM