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Updated over 9 years ago on . Most recent reply
2 years income
Hello,
My first rental was purchased in September of last year. So I had a Schedule E for last year's tax return. And now I'll have a schedule E with this year's tax return. Does this count as the "2 years" so I can use that income for commercial/portfolio lending? Or is it two calendar years I need under my belt? Or does this depend on the lender/underwriter?
Dan