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Updated over 5 years ago,
Rental Income and Claiming it on Taxes
If you buy a house and live in it for 1 year and then Rent it out - Repeating this Process to accumulate Rentals......... Don't you have to wait at least 2 years per Property before a Lender will use 70% to 75% of the Rental Income that you claim as Income on your Taxes as........... Income?