Mobile Home Owner Finance Income Taxes

empresario profile photo
Can any one explain to me how yearly income taxes are paid if you are a dealer owner financing Mobile Homes (as Chattle). What do we pay taxes on? Income? Inventory? Profit at sale? Can some one elaborate please.

Thanks you guys.

[ Edited by empresario on Date 01/05/2006 ]

[ Edited by empresario on Date 01/05/2006 ]

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