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Updated over 1 year ago on . Most recent reply

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Cameron Kolling
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Mobile Home Park Depreciation

Cameron Kolling
Posted

I am in the process of buying a small MHP consisting of nine lots with eight of those lots having trailers on them that will be purchased with the park. I am not finding a clear answer on how those homes will be depreciated. Will they be depreciated over 27.5 years or as personal property on a shorter schedule? 

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