Deciphering how rental income can or cannot be used to help you qualify for a new mortgage loan can be a little tricky. I’ve helped many homeowners and investors navigate these intricacies and I’d be happy to assist you too!
Related Article Title: Can line 13 on Schedule E be added back in to calculate rental income? Question: Can line 13 on Schedule E be added back in to calculate rental income? If so, since it is not listed as mortgage interest on line 12, do you need a 1098 to prove it was mortgage interest? […]