turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

jerry9800
New Member

Payment for the lot for my mobilehome 6,900 per year

payment for the lot for my mobilehome
6,900 per year in new jersey,, but no is a morgage
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions

Payment for the lot for my mobilehome 6,900 per year

If you're asking whether you can get a deduction for that, you cannot.

If it's a personal residence, you can deduct only the mortgage interest you paid.  Since you didn't have a mortgage, but instead it sounds like you're just renting the land, you can't deduct any of your payment from your taxes.

View solution in original post

1 Reply

Payment for the lot for my mobilehome 6,900 per year

If you're asking whether you can get a deduction for that, you cannot.

If it's a personal residence, you can deduct only the mortgage interest you paid.  Since you didn't have a mortgage, but instead it sounds like you're just renting the land, you can't deduct any of your payment from your taxes.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies