I understand I just typed “State” in the subject box, but this is really not a State question! 🙂
We are taking a lien on a mobile home that’s been relinquished to the state. Instead of it being considered personal property, it’s not considered real property.
How do you report this to HMDA? Mobile Home or 1-4? The tax office doesn’t consider it a mobile home anymore, instead it’s a “residence”. To me, a mobile home is still a mobile home regardless if it’s been relinquished or not. HMDA’s definition refers to HUD and neither of these really address this sort of situation.