Modular home can be lousy investment

Must sale be reported to IRS if there was no capital gain?
Published on Feb 22, 2007

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by CareyBot

DEAR BOB: In 2003 we bought a modular home and had it set up on a lot we owned. After all the expenses of having a foundation built, plumbing and wiring installed, etc., when we sold it in late 2006 ...