Does a TM qualify for the new CA homebuyer credit?

[B_and_D]

When I get some time I'm going to call them and/or look up the bill. California doesn't exactly follow the IRS in everything. It might not mean a lot of money for someone buying a TM, but imagine one of those expensive motorhomes! What's different about this credit is that you have to fax in your request to partake of the credit allocation within one week of closing the sale. You snooze, you lose.

I thought it's for new buyers. IE you haven't owned a home in X years.

A TM is not real property. It is personal property. You pay personal property tax on it. However the interest you pay on it can be deductible like real property. This has little to do with the tax credit you are talking about. Also make sure it's a credit and not a deferment of tax. There were several bills floating around that I lobbied for last year in DC. None were the CA one though.