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Updated almost 9 years ago on . Most recent reply

User Stats

452
Posts
10
Votes
Michael Dunn
  • Olive Branch, MS
10
Votes |
452
Posts

Using a VA Loan while Owning 2 Rental Properties ......

Michael Dunn
  • Olive Branch, MS
Posted

Good Evening,

I was hoping other members could please help me in answering, and shed some light on my following 2 Questions/Scenarios .......

1.  How soon after I buy an Investment Property, will I be able to SHOW the Rental income , as Actual Income .... via Money that I am " Making / Earning " , and thus claim it on my taxes ?

I am wanting this Rental Income to show that I am making more Income on a Per Yearly basis 

2. If I own 2 Rental Properties ...... How Hard/Easy will it be to use my VA Loan to buy a Primary Residence , IF my Income NEVER goes above $21,000 a year , as my Earned Income ?

Thanks so much for the help 

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