I am sole proprietor of a mobile home park business which operates on land inherited by my sisters and I. I rent lots to folks that own their own homes...I do not rent homes, just the land. Is this considered business income or rental income? I maintain the Park's wells and water distribution to these lots, the landscaping of the 10 acres where these 27 lots are located, the septic system, electrical...all things to allow them to utilize the lot. The more I read, the more confused I get. I have no employee's, take a monthly draw and started out as business income but not sure if that is correct. Please someone clarify my income status.
