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Unemployment Benefits and Rentals / Flips
The way I understand it, rental income does not affect unemployment Benefits, particularly if you are reinvesting it and not paying yourself.
But, with the market the way it is in Oklahoma right now, I'd be crazy not to take advantage.
Would selling a 1 year old rental now cause me to lose unemployment?
If not, where's the line? I have 2 more deals on standby that I'll be able to pull the trigger on if this one sells...
At least one of those would be a fix n flip.
I've searched all over the web and read all the fine print in the unemployment, but this seems to be a very grey area.