Quote:
Originally Posted by bill_daniels
There's also the issue of depreciation to factor in. Saving money on property taxes sounds great, but I'm assuming that would be no different than a mobile home......it will depreciate over time, which will offset the savings achieved.
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It's a 2008. Current owner is the original owner.
They took the biggest depreciation hit. I'll take some loss too, but it is cheap living, right in the water. With my pontoon boat docked next to me. Plus 1725 sf of covered outdoor living space. With 825 sf heated and cooled living space.
Heck even if it costs me $80,000 to get it all set up, and I live in it for 5 years and I sell it for $20,000, that is only $12,000 per year.
That's $1000 per month including utilities.
Can't beat that with a stick.
