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Is Trailer Park Lot Rental Tax Deductible?
If the lot rental is straight rental for a personally owned and used mobile home then the deduction is not allowed on the Schedule A.
In some states (such as Maryland), you can buy your home subject to a ground rent. A ground rent is an obligation you assume to pay a fixed amount per year on the property. Under this arrangement, you are leasing (rather than buying) the land on which your home is located.
If you make annual or periodic rental payments on a redeemable ground rent, you can deduct them as mortgage interest.
A ground rent is a redeemable ground rent if all of the following are true:
Payments made to end the lease and to buy the lessor’s entire interest in the land are not deductible as mortgage interest. Payments on a nonredeemable ground rent are not mortgage interest. You can deduct them as rent if they are a business expense or if they are for rental property.