Posts Tagged ‘real estate taxes’

MH Taxpayers can Sign-up for Monthly Budget Plan

June 23rd, 2014 Comments off

Radio station in Chillicothe, Ohio reports Ross County Treasurer Jerry Byers says second half real estate tax statements for manufactured home (MH) owners should go out by the end of the month, with payment due by July 31. Although tax bills go out twice a year, according to Ohio state law, he notes that monthly payments on a budget plan is gaining in popularity. MHProNews has learned the new monthly budget plan will offer the opportunity for taxpayers to begin paying in August for next year’s taxes. ##

(Photo credit: Pine Grove Homes, Inc.)

Manufactured Home Community Ordered to Make Restitution

May 19th, 2014 Comments off

While the Bon Ayre manufactured home community in Smyrna, Delaware advertised residents were not liable to pay real estate taxes, the community sent out invoices December 2013 billing them for taxes from 2006, up to $291 each, has learned. After receiving complaints from residents, the attorney general’s Consumer Protection Unit has ordered Bon Ayre within 60 days to refund to 194 tenants the share of taxes they paid, and to notify the attorney general’s office within 90 days that the refunds have been issued. According to, Attorney General Beau Biden says, “We’re acting to ensure that residents of manufactured home communities are treated fairly and that community owners are held accountable to the promises they make and to their obligations under the law.” The final settlement was secured with Bon Ayre and approved in a legally binding court order. ##

(Photo credit: First State Manufactured Housing Association)

Stunning 2 Million dollar manufactured home, but TMZ and media struggle to ‘get it’

August 30th, 2013 Comments off

betsy-russell-saw-star-1,999,999-manufactured-home-'mobile-home'-credit-redfin-mls-posted-daily-business-news-Saw star Betsy Russell recently listed her lavish, custom manufactured home overlooking the Pacific Ocean in ritzy Malibu for just a buck under a cool 2 million. TMZ and other media outlets both raved and ranted. “On top of the nearly $2 million price tag, the HOA fees will run the new owner a whopping $3,565 a month. That’s another $42,780 a year.” The media has little notion of the advantages that millionaires such as Russell, or more millions of owners of more modest means have with modern manufactured homes, including those placed in land lease communities. What sounds like a lot of money for site fees (aka “lot rent”), in many jurisdictions means you have little or no real estate taxes, and may have little or no personal property taxes. This is why the listing agent can correctly boast that it is the most amazing home-with-a-view value under 2 million dollars in Malibu, CA. For those who don’t know that market, another manufactured home sold in the same community for 1.1 million. will showcase Russell’s manufactured castle as a “featured home” as part of an article which will include 17 photos. Check back for a link here once its posted, or sign up for our popular, free twice weekly emailed news and tips alerts to get the link to that upcoming story. ##

(Image Credit: MLS/Redfin)

Manufactured Home Fees Due by Month’s End

July 2nd, 2013 Comments off

The 2013 manufactured home (MH) statements and the second half 2012 real estate tax statements have been mailed from the Hocking County Treasurer’s office in Logan, Ohio. The MH remittance must be postmarked by July 31, 2013 and by July 12, 2013 for the real estate taxes. As logandaily informs MHProNews, late payments may result in penalties.

(Photo credit: MHVillage–manufactured home)

NAHB to Congress: Keep Housing Tax Incentives

April 25th, 2013 Comments off

During testimony before the House Ways and Means Committee on residential real estate and tax reform, Robert Dietz of the National Association of Home Builders (NAHB), noting 40 percent of renters pay more than 30 percent of their income for household rent, urged Congress to maintain the mortgage interest deduction, the Low Income Housing Tax Credit (LIHTC), and real estate tax deductions. He says LIHTC is the most effective tool for creating affordable housing, but the demand exceeds the financing capability of the program. “The solution is not to eliminate the most successful affordable housing program in the country, but to provide it with the resources necessary to address the shortage of affordable housing options in our cities and towns,” added Dietz. He said 70 percent of homeowners with a mortgage claimed the mortgage interest deduction in 2009; and homeowners pay $300 billion each year in real estate taxes, but that is not something in the federal tax debate. As MHProNews has learned, building 100 single-family homes creates more than 300 full-time jobs and generates $8.9 million in federal, state and local tax revenues that feeds into local communities and schools. “Housing provides the momentum behind an economic recovery because home building and associated businesses employ such a wide range of workers. With the right policies in place, housing can be a key engine of job growth that this country needs,” said Dietz.

(Image credit: firstbanktrust)