How do i claim the mobile home i bought on my taxes using turbo tax?

[torydenise21]

I bought a mobile home march 2017. The company that sold it to me said i can write it off or claim it on my taxes. I always file on turbo tax but i am not sure where or what or how to put my home on my taxes. I didnt do a mortgage. Its just confusing i want to make sure i file correctly.

[Critter]

If this is your personal residence then all you can deduct is the sales taxes you paid when you bought it  & any property taxes if you are assessed those.

[CherylW · Accepted solution]

The biggest deduction on a home is almost always the mortgage interest paid during the tax year.

If you don't have a mortgage, you won't qualify for that deduction.

You can try to deduct real estate taxes if you paid them in 2017.

To do so,

1.  Click Federal on the left-hand side menu.

2.  Click Deductions & Credits across the top.

3.  Scroll down to Your Home and click Show more.

4.  Click Start or Revisit by Property (Real Estate) Taxes.

You may also have costs that you can deduct from your HUD statement.

This link will give you all the information you need to get all your costs.

[KathieC]

If my taxes are part of my lot rent, can I claim that on my taxes?

[Carl]

The lot rent you pay is just flat out not deductible on the federal tax return. Period.

However, any part of that rent that is property tax and clearly identified as such *MAY* qualify you for a tax credit or tax deduction on your state taxes, if your state taxes personal income. This is commonly referred to as a "renter's credit" on the state return.

In order to claim property taxes on the federal return, you must receive and be able to produce if audited, a tax bill that you are liable for, from the county, state, or whatever taxing authority has the legally recognized authority to assess such taxes.

[KathieC]

My lot rent includes taxes among other items.  I would assume that the owner of the lot receives a tax bill for the entire property and divides it up among all tenants of the lot.  How can I go about claiming that if he just gives me a bill monthly.  My small parcel of land that I am renting is not given it's own land assessment.

[macuser_22]

@KathieCAs Carl said - that is not deductible.   To deduct property tax on a Federal tax return your name must be on the title of the property.    State laws might be different for state tax returns.