Tag Archives: Manufactured Home

Land and Lot

Today TaxMama hears from Mark in the TaxQuips Forum, who got denied – again. Let me summarize – Mark bought land in March of 2009. Bought a manufactured home in April of 2010 – and had the property graded, receiving the occupancy permit by June of 2010 – before the deadline for the First Time […]

What is Half of the Homebuyers Credit?

Today TaxMama has been fighting the good fight for the rights of homeowners who filed for the homebuyers credit.  The latest issue? When a married person files a separate tax return, how much is half the homebuyer’s credit? Is it based on half the purchase price of the house? Or half of $8,000? (or $6,500, […]

Manufactured Home

Today TaxMama hears from Larry in Texas with an interesting question. “My son and his wife purchased a manufactured home this year that is located on land in my name. Would they qualify as a ‘’first-time home buyer’’ in the 2009 program?”