Real vs. Personal Property leftin the Manufactured Home World

This is an easy one

Real Property is when you finance your home and land as one, as with Property taxes; your land and home are taxed as one.

Personal Property is when you finance your home only, as with property taxes; your home is taxed separately.

As in everything else there are qualifications.  Refer to the Texas Department of Housing andCommunity Affairs website for clarification and with your local taxing authority.

http://www.tdhca.state.tx.us/mh/faqs-sol.htm#wheretogetsol

 
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