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PROPER DISPOSITION OF SELLING OF A MOBILE HOME THAT WAS RENTED IN 2016 AND SOLD IN 2017.
I owned a mobile home which I rented in 2016 and sold in 2017. Rental income was reported in 2016.In 2017 I had no rental income. Do I have to report the sale just like selling a home or not. I have heard conflicting stories on selling mobile homes not being treated for tax purposes. If it needs to be reported where should this be done in Turbo Tax and what should be done when calculating my return? Turbo Tax Tax advisor please respond to this post. Thank you.
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‎June 4, 2019
3:59 PM