rental property consists of land and barn is this nonresidential? or residential?
land is set up for mobile home
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It depends on how the property was used during the time you owned it.
If you rented the property as a residence, then you would report the property as Residential Real Property.
But if you rented the property for another use or if you did not rent the property at all, you would report this as NonResidential Real Property.
It depends on how the property was used during the time you owned it.
If you rented the property as a residence, then you would report the property as Residential Real Property.
But if you rented the property for another use or if you did not rent the property at all, you would report this as NonResidential Real Property.
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