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Updated over 1 year ago,

User Stats

86
Posts
80
Votes
Griffin Malcolm
Pro Member
#3 Rehabbing & House Flipping Contributor
  • Schenectady, NY
80
Votes |
86
Posts

How Exactly to Report Rents on Taxable Income

Griffin Malcolm
Pro Member
#3 Rehabbing & House Flipping Contributor
  • Schenectady, NY
Posted

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?

  • Griffin Malcolm
  • [email protected]
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