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Updated about 6 years ago,

User Stats

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

​Using the $ you receive as Rental Income as "Real" Income.......

Michael Dunn
  • Olive Branch, MS
Posted

Using the $ you receive as Rental Income as "Real" Income when a Lender goes to look at your Taxes:

a Lender that I spoke with told me that they could NOT use the $ I show as Rental income on my Taxes........... this could not be added to the actual Income that I make from my actual Job
  I was under the impression that these two streams of Income would be added together , and that the total of the two of them, would be what my DTI would be based on ? They told me that they do not consider the Income that you receive from Rental property in their calculation Is this correct ?
Thank you for the help 

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