Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

Followed Discussions Followed Categories Followed People Followed Locations
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

47
Posts
6
Votes
Hiro Kitagawa
  • Rental Property Investor
  • Plano, TX
6
Votes |
47
Posts

Child support and rental income

Hiro Kitagawa
  • Rental Property Investor
  • Plano, TX
Posted

I'm not sure how suited this question is for BP, but I'd like to mention if anyone knows.

I currently pay child support bi-weekly.  Recently (April '17) I began leasing the first rental property for $1,600/mo, and the mother of the child stated that this would be an increase in income and therefore the support amount should increase.

With that said, which would be considered an increase in income - gross or net?

Gross income would be $1,600/mo while net would be approx. $200/mo.  If the child support court bases the calculation of off "gross" rental income....it would be seen as almost $20K raise in income, which in reality that is not the case.

Again I'm aware this is more in the realm of family law professionals, but I was curious if anyone here has any experience.

Thank you as always!

Most Popular Reply

User Stats

2,934
Posts
3,696
Votes
Linda Weygant
  • Investor and CPA
  • Arvada, CO
3,696
Votes |
2,934
Posts
Linda Weygant
  • Investor and CPA
  • Arvada, CO
Replied

I would say that if they are going to use the income, then they also have to factor in the expenses and your lawyer can easily make that case.  

Loading replies...