How is a donated mobile home valued for tax purposes?
At fair market value, meaning what a used-market buyer would pay for the unit today, per IRS Publication 561. Purchase price, the outstanding loan balance, and older appraisals do not control, and claims above realistic used-market levels are the ones the IRS adjusts.
Is a mobile home donation handled as real estate or personal property?
Usually personal property, unless state law has converted the home to real property through permanent affixation to land. That classification makes the title, VIN or serial number, and manufacturer data plate key documentation, because they establish exactly what was donated and under which valuation rules.
Which paperwork thresholds apply to a mobile home gift?
Three tiers: a contemporaneous written acknowledgment from the charity at $250 or more, Form 8283 at more than $500, and a qualified appraisal with a signed Section B when the claimed value exceeds $5,000. Missing the correct tier's paperwork can sink an otherwise well-supported deduction.
How does an appraiser support a mobile home donation value?
With methods the IRS can follow: comparable sales of similar homes or replacement cost less depreciation, reconciled to fair market value with documentation of age, model, and condition. Publication 561 requires the relationship between any cost-based estimate and FMV to be explained, and a photo-backed work file gives the donor a defensible position if examined.