Help with Fair Rental Value


F

fatcat

I will be able to take a relative not living with me, as a
dependent this year. However, I do not understand how to
calculate the fair rental value of the mobile home in which
he lives (and owns) in Virginia. He lives in a mobile home
community.

Do I simply take a comparable mobile home rent and multiply
by 12 months? Or is there a special formula that I need to
use to calculate this FRV? Can someone walk me through
this? We both live in Virginia.

Thanks,
Mary Ann
 
Last edited by a moderator:
Ad

Advertisements


Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Similar Threads

Need Help in determining Fair Rental Value 0
Fair Rental Value 2
Need help determining fair market value 3
Fair value 0
Fair value 5
Fair Value 0
Fair market value 6
USA Fair Value Accounting 0

Top