should I include rental income if work income is sufficient on i-864

[itsallgreektome 0]

Hi everyone

Hope you are all having a pleasant christmas season. Question, my husband has enough income (over poverty guidelines) so should we include his rental income because it is on his tax returns as income?

Thank anyone and everyone.

[Pinocchio Liberal 268]

I think you would list the rental itself as an asset,but not sure its been awhile.

[pushbrk 12,898]

Hi everyone

Hope you are all having a pleasant christmas season. Question, my husband has enough income (over poverty guidelines) so should we include his rental income because it is on his tax returns as income?

Thank anyone and everyone.

Income is income. Since you'll also be providing tax returns, it would look pretty strange to claim income less than what is shown on the returns. In the occupation related space, you could put something like "Engineer and landlord".

There is no need to list assets, if the income alone is sufficient. He can just skip all those questions, per the form's instructions.

[John and Nora 0]

If you can't show enough income is it ok to put assets in place? The reason I say this is because I have taken over a property that my home also occupies. There are 7 rentals of which 2 other than mine are rented. I quit my job in Sept. and I have been using a part of my 401k to keep building the other rentals and also maintain my rent and utilities. I have no other proof of income other than the rental monies from the other two rentals and that doesn't make up the payment to the owner carry contract so I suppliment the payment with my rent fee. With one more rental comming on line within a few weeks or so that will give me enough income where I don't have to add my rental fee to the payment.

Now, what do I show as income if the income is not really income but payment to an owner carry contract? Do I add the assets which I guess would be the contract for $xxx,xxx.xx plus my other personal assets!! Help I need to file my finiancial report soon but also I have no idea which one to file I-824 or????

Income is income. Since you'll also be providing tax returns, it would look pretty strange to claim income less than what is shown on the returns. In the occupation related space, you could put something like "Engineer and landlord".

There is no need to list assets, if the income alone is sufficient. He can just skip all those questions, per the form's instructions.