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Updated over 1 year ago,
Griffin MalcolmPoster
#3 Rehabbing & House Flipping Contributor
Pro Member
- Schenectady, NY
- 80
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How Exactly to Report Rents on Taxable Income
Hey guys, I worked with Trustco on my first house hack this year and they said they can use 100% of my rents on the first house to count towards my DTI on the second. My question is how exactly do I report this income? Are there specific forms I need to fill out that any bank would need / do I show bank statements of the rent?