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Updated over 2 years ago, 04/04/2022

User Stats

6
Posts
2
Votes
Justin Kanipe
  • Rental Property Investor
  • Tulsa, OK
2
Votes |
6
Posts

Rental Tax Benefits

Justin Kanipe
  • Rental Property Investor
  • Tulsa, OK
Posted

I will be co-signing with my uncle to buy his primary home in April. If I’m trying to build a rental portfolio, would it make since to claim his payments on the home as rental income to eventually use that cash flow to qualify for another rental with a bank? Is that even legal?

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