I am using Turbo Tax Premier and I am trying to report the 2023 sale of a mobile home in California which was registered with the Department of Community Development. We owned the mobile home for many years and used it as a vacation home but for the past two years stayed there less than 14 days per year due to my wife's increasing health problems. We never rented it out. Should I enter it as a second home under the theory that we used it at least 10% of the days that we rented it out, even though we never rented it out? If it shouldn't be reported as the sale of a second home, how should we answer TurboTax's question "What type of investment did you sell?" Would it be "other"?
You'll need to sign in or create an account to connect with an expert.
Since you never rented it out, yes, it would be entered as the sale of a second home, and investment type would be 'other' as you mentioned, if you're using TurboTax Online.
Here's more info on How to Enter Sale of Second Home, Inherited Home or Land.
Since you never rented it out, yes, it would be entered as the sale of a second home, and investment type would be 'other' as you mentioned, if you're using TurboTax Online.
Here's more info on How to Enter Sale of Second Home, Inherited Home or Land.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
J_Nixon
New Member
joi6
New Member
mackinaw
New Member
talkurtwolf
New Member
SeHouston
New Member