I live in Southern California and am considering buying a new modular home and have a few questions:
1.Can the space rental be written off on my taxes?
2. Can the interest loan be written off on my taxes?
3. Why is the interest so high?
4. Once I retire, any chance of getting some sort of senior discount on the land rental?
5. Do I have to pay property taxes if I rent the land?
I have tons more questions, but let's start with these.