I owned a mobile home that my mother lived in after her passing I sold it do I claim that as income Mobile home are titled like vehicles
01194
1 Best answer
jerry2000
Alumni
Jun 4, 2019 9:02:35 PM
If you sold it for more than you paid for it, then you have a reportable capital gain. If you sold it for less than you paid for it, then you have no reportable gain and you do not report the sale.
1 Replies
jerry2000
Alumni
Jun 4, 2019 9:02:35 PM
If you sold it for more than you paid for it, then you have a reportable capital gain. If you sold it for less than you paid for it, then you have no reportable gain and you do not report the sale.