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Brigitte Garrett
  • Investor
  • Oakwood, GA
5
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19
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PPP loan success for Schedule E reported rentals???

Brigitte Garrett
  • Investor
  • Oakwood, GA
Posted Apr 23 2020, 10:50

Has anyone had any luck supporting PPP forgivable fund applications for their 4unit and under Rental Properties reported on their Schedule E? If yes, what information did you use to support getting this loan?  As far as I am concerned, I am self employed and the net is my earnings.  My lender is saying that Real Estate Holding Companies are not eligible.  I own the property in my name (that is a topic of another discussion) and have the loan in my name.  Any ideas ?  

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