I own my mobile home. However I pay rent to the mobile home park $340 a month. For state tax do I rent or do I own ?

[DanielV01]

What is your state?

[januarynut]

Michigan

[januarynut]

Michigan

[DanielV01 · Accepted solution]

Michigan has a specific treatment for a Mobile Home.  Please note the following instructions that are found on Michigan's website:  Michigan Homestead Credit

Mobile Home Park Resident – You may claim $3 per month specific tax up to a maximum of $36 and 23% of the yearly rent amount less the specific tax (maximum $36). If you paid additional taxes on attached buildings (garage, tool shed, etc.), then you may also claim that amount.

For the purposes of this credit you rent for $340/month.  You will be allowed to claim 23% of that amount minus the specific tax of $36.  The total is just over $902, plus any additional taxes for attached buildings.  The trailer park would have this information for you if you need it.