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Justin Salera
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Schedule E and mortgage financing

Justin Salera
Posted Sep 25 2022, 12:02

Hi, I am a newer house hacker and will be looking to purchase another property in 2023. As many may know, house hacking you rely heavily on the rental income to be able to qualify for more debt. This year I spent allot of money on my property, renovated one apartment and spent some money on other things. When doing my taxes this year, if I recognize a loss on my schedule E, will that have any negative effect on the eligibility to obtain financing in the future. Thank you. 

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