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4 NEAR FINAL DRAFT 8/1/24 4
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6 *247081*6
7 2024 MHP, Credit for Sales of Manufactured 7
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9 Home Parks to Cooperatives 9
10 For taxpayers who sell a manufactured home park to a cooperative 10
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13 NAME HEREXXXXXXXXXXXXXXXXXXX FEIN OR SOCIALXXXX 123456789 13
14 Name of Taxpayer FEIN or Social Security Number Minnesota Tax ID 14
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17 Part 1 — Qualifications 17
18 Check the box if the answer is “yes”. 18
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20 1 Are you filing an income tax or corporate franchise tax return? ..... ...... ...... ..... ...... ..... ....... ..... ..... ....... . 1 X 20
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22 2 Did you sell a manufactured home park to a (1) cooperative or cooperative association, (2) charitable corporation, 22
23 or (3) nonprofit or a representative acting with the intent of forming a cooperative or cooperative association?... ...... ...... ... 2 X 23
24 3 Will the person(s) who owns a share in the cooperative or cooperative association, or holds residential participation 24
25 warrant, be entitled to occupy a lot on the manufactured home park after the sale? ..... ....... .... ...... ...... ...... ...... 3 X 25
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27 4 Was the manufactured home park located in Minnesota?... ...... ..... ....... ..... ..... ...... ..... ...... ...... ...... ... 4 X 27
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29 5 Was the manufactured home park classified as Class 4c(5)(i) or 4c(5)(iii) property?... ...... ..... ....... ..... ...... ..... ..... 5 X 29
30 You must have checked all questions in Part 1 to qualify for the manufactured home park tax credit. 30
31 See the schedule instructions for more details regarding the qualifications. 31
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33 Part 2 — Credit Calculation 33
34 1 Sales price for the manufactured home park... ...... ..... ....... ..... ...... ..... ..... ...... ...... ..... 1 123456789 34
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36 2 Multiply line 1 by 5% (0.05). This is the amount of your credit ..... ...... ..... ...... ..... ....... ...... .... 2 123456789 36
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