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Updated over 2 years ago on . Most recent reply

User Stats

22
Posts
5
Votes
Paul Brady
  • Chelmsford, Ma
5
Votes |
22
Posts

How do lenders factor in rental income?

Paul Brady
  • Chelmsford, Ma
Posted

I know lenders will go off recent tax returns for my current properties. But do they go off of overall net profit after subtracting repairs/upgrades that are claimed to each property. Or do they go off of strictly the rental income that was claimed and not factor in the deductions? Thanks  

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