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Updated over 1 year ago,
Income Verificatiion and Screening
I have a quick question. When screening prospective tenants we look for an income at least 3x the rent amount. So for example if we charge 4k for a house that means they have to make at least 12k to qualify. Now my question, 12k income is that gross or net income? Having a hard time calculating how much they can afford from the gross amount.