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Updated over 2 years ago on . Most recent reply

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18
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Joshua Zdunich
  • San Diego
7
Votes |
18
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Primary loan as a rental

Joshua Zdunich
  • San Diego
Posted

Hello and thanks in advance for any advice,

I'm moving out of my primary and turning it into a rental prop.  All my other properties are on a conventional investment prop loan and the rental income from those props count toward income.  I'm wondering if once the primary is turned into a rental and seasoned long enough will that count towards income even though I'm on a primary loan?

Thanks for your tine!

Most Popular Reply

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1,572
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1,052
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Jay Hurst
  • Lender
  • Dallas, TX
1,052
Votes |
1,572
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Jay Hurst
  • Lender
  • Dallas, TX
Replied

Yes it will.  Just show the lease if it is not yet on tax returns, or tax returns if it is and it can be counted. 

  • Jay Hurst
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Hurst Real Estate, INC
4.9 stars
75 Reviews

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