MPH: Investment or Business?

[Don Konipol]

Mobile Home Park: is it an investment or a business?  

Well, that depends. 

If you’re renting spaces with utilities hookups to people who own their own mobile homes, that’s an investment. 
If on the other hand you’re renting both the pad site AND the mobile home, you’ve got yourself a business; albeit a business with a real estate investment component.  
And if you place POH on pad sites and sell the POH for little down to just about anyone who can fog up a mirror, then you’re TRYING to transition from business to investment. 

Let me know what you think 

[Roger D Jones]

I think if you are actively engaged in the day to day operations with control of the decisions that shape your profit and loss- it is a business.  With an investment your dumping your money in someone else's bucket and allowing them the control and management thus the results.  Never really thought about it...