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Investors & landlords
As part of the application process for the loan, the bank made me sign a rental agreement with my brother, saying I would be collecting a monthly rent that equates to the amount of the monthly mortgage ($2052), if I remember right, the loan wouldn't have proceeded otherwise.
If the IRS received a copy of the rental agreement, wouldn't they think I am receiving additional income?
Thank you
‎July 6, 2020
2:45 PM