Tag: s-corporations

Fannie Mae – Rental Income – Partnership or S Corp: Do I need to count the entire payment for a rental property against a buyer if the rental property is reported through an S-Corp?

Answer: Fannie Mae allows you to offset the monthly obligations for rental properties reported through a S-Corp or Partnership. Following are the exact rules: Offsetting Monthly Obligations for Rental Property Reported through a Partnership or an S Corporation If the borrower is personally obligated on the mortgage debt (as evidenced by inclusion of the related […]

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