Updated about 4 years ago on . Most recent reply
Primary loan as a rental
Hello and thanks in advance for any advice,
I'm moving out of my primary and turning it into a rental prop. All my other properties are on a conventional investment prop loan and the rental income from those props count toward income. I'm wondering if once the primary is turned into a rental and seasoned long enough will that count towards income even though I'm on a primary loan?
Thanks for your tine!
Most Popular Reply
Yes it will. Just show the lease if it is not yet on tax returns, or tax returns if it is and it can be counted.
- Jay Hurst



