Form 82300-5 Income and Expense - Mobile Home/RV Park Supplement
82300-5_f.pdf |
INSTRUCTIONS: ARIZONA MOBILE HOME/RV PARK SUPPLEMENT (Form 82300-5)
When filing a claim stating that the value of Arizona property has been assessed incorrectly using the valuation method, an affidavit of income expenses is filed using a form 82300. Supplemental form 82300-5 is filed if the property concerned is a mobile home or recreational vehicle (RV) park. Both forms can be obtained from the website maintained by the Arizona Department of Revenue.
Arizona Mobile Home/RV Park Supplement 82300-5 Step 1: On the first line, enter the name of the park.
Arizona Mobile Home/RV Park Supplement 82300-5 Step 2: On the second line, enter the property's county/book/map/parcel number. If this is an economic unit, list the number for the lead parcel.
Arizona Mobile Home/RV Park Supplement 82300-5 Step 3: The next section requires you to enter the number of single wide, double wide, travel trailer/RV or park model units on the property.
Arizona Mobile Home/RV Park Supplement 82300-5 Step 4: For each type of space, enter the monthly rate and multiply it by 12 to calculate the annual rent.
Arizona Mobile Home/RV Park Supplement 82300-5 Step 5: Note with a check mark whether utilities are included for each type of space.
Arizona Mobile Home/RV Park Supplement 82300-5 Step 6: The next section requires you to provide your potential gross income for the last three years.
Arizona Mobile Home/RV Park Supplement 82300-5 Step 7: Calculate your net operating income for the last three years as instructed.
Arizona Mobile Home/RV Park Supplement 82300-5 Step 8: Write any additional information or remarks at the bottom of the first page.
Arizona Mobile Home/RV Park Supplement 82300-5 Step 9: Skip to complete 3. Document all major replacement or repair for the last three years as instructed. These include expenses related to heating or cooling, roofing, floor coverings, appliances or water heaters, multi-unit painting, or other. If the latter, you must provide a written explanation.
Arizona Mobile Home/RV Park Supplement 82300-5 Step 10: Transfer the values for replacement or repair expenses to the next to last line of the second page.
Arizona Mobile Home/RV Park Supplement 82300-5 Step 11: Document all disallowed and actual expenses for the last three years as directed on the second page.