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New Member
posted Jun 4, 2019 9:02:33 PM

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

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1 Best answer
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
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.