I-134, is rental income accepted as extra income ?

[InesD 2]

Hi ! Quick questions : my fiances' ( petitioner ) income from his job alone wouldn't meet the 125 % of poverty guideline. But we own 3 houses ( both our names on warranty deeds ) , in one we live, one is rented and the other will be rented out next year when ready. He does have the rental agreement with the monthly rental amount on it and it actually is our extra income and including that to his job payment he would meet the 125 %. So, can anyone tell me, if assets such as houses and rental income would be added to the actual income ? We purchased the 2 homes for rental this year so nothing is shown on my fiances' last tax return.

Also : in case we would have to use a co sponsor, do both , my fiance and the co sponsor have to fill in my and my daughters name on their I-134 ?

Thank you :-)

[msbau764 245]

Hi ! Quick questions : my fiances' ( petitioner ) income from his job alone wouldn't meet the 125 % of poverty guideline. But we own 3 houses ( both our names on warranty deeds ) , in one we live, one is rented and the other will be rented out next year when ready. He does have the rental agreement with the monthly rental amount on it and it actually is our extra income and including that to his job payment he would meet the 125 %. So, can anyone tell me, if assets such as houses and rental income would be added to the actual income ? We purchased the 2 homes for rental this year so nothing is shown on my fiances' last tax return.

Also : in case we would have to use a co sponsor, do both , my fiance and the co sponsor have to fill in my and my daughters name on their I-134 ?

Thank you :-)

what is the total of your assets and how many dependents do you have? you may clear the threshold by that alone.

[ChristieLindsay 1]

There is a specific segment of tax preparation documents that refers to "Rental Income", so that income will reflect on the tax returns (which have to be submitted) towards evidence of support. If you include the rental income as a contributing factor on the affidavit of support, then it should be sufficient.

Also you will need to provide either 6 months of bank statements or a notarized letter from your bank (or his, whatever the case may be) demonstrating current balances and total of deposits over the last year. If the deposits are recurring then the amount should be reflected in the bank declaration.

As to co-sponsor; yes.

For me....I'm still trying to figure out whether or not to include child support I receive on my 134....... This ####### is so frustrating.

[InesD 2]

what is the total of your assets and how many dependents do you have? you may clear the threshold by that alone.

the total of our assets go way over $ 200.000. and my fiance has to count a household of 4. himself, me, my daughter (16 ) who will come with me on K2 and his daughter who is not living with us but he still pays child support.

[InesD 2]

There is a specific segment of tax preparation documents that refers to "Rental Income", so that income will reflect on the tax returns (which have to be submitted) towards evidence of support. If you include the rental income as a contributing factor on the affidavit of support, then it should be sufficient.

Also you will need to provide either 6 months of bank statements or a notarized letter from your bank (or his, whatever the case may be) demonstrating current balances and total of deposits over the last year. If the deposits are recurring then the amount should be reflected in the bank declaration.

As to co-sponsor; yes.

For me....I'm still trying to figure out whether or not to include child support I receive on my 134....... This ####### is so frustrating.

thanks Christie.

and for your child support question : logically I would say that is another income or not and should be added. here is something I just found, don't know if it is of any help.........

Q: Can the petitioner (US Citizen) or joint sponsor who receives housing and other benefits instead of salary count those benefits as income?

A: Yes. The sponsor may count income that is not subject to taxation (such as a housing allowance), as well as taxable income. However the sponsor must prove the nature and the amount of any income if it is not included as wages/salary or other taxable income. Evidence of such income can be shown through notations on the W-2 Form (such as box 13, for military allowances), Form 1099, or other documents that substantiate the claimed income.

[usmsbow 801]

the total of our assets go way over $ 200.000. and my fiance has to count a household of 4. himself, me, my daughter (16 ) who will come with me on K2 and his daughter who is not living with us but he still pays child support.

Just FYI: can't count the house the petitoner/sponsor resides in as an asset. You can count other property as an asset though.

[InesD 2]

Just FYI: can't count the house the petitoner/sponsor resides in as an asset. You can count other property as an asset though.

oh ok, didn't know that. thank you for the info !

[KayDeeCee 4,893]

Hi ! Quick questions : my fiances' ( petitioner ) income from his job alone wouldn't meet the 125 % of poverty guideline. But we own 3 houses ( both our names on warranty deeds ) , in one we live, one is rented and the other will be rented out next year when ready. He does have the rental agreement with the monthly rental amount on it and it actually is our extra income and including that to his job payment he would meet the 125 %. So, can anyone tell me, if assets such as houses and rental income would be added to the actual income ? We purchased the 2 homes for rental this year so nothing is shown on my fiances' last tax return.

Also : in case we would have to use a co sponsor, do both , my fiance and the co sponsor have to fill in my and my daughters name on their I-134 ?

Thank you :-)

Provide proof of the rental income. If it is listed on his most recent tax return, all the better and the best way for it to be accepted. You can provide a copy of the rental agreement and bank statements to show the actual rental amount being deposited to his account.

List the property as assets. Provide appraisals of the property and any documentation of existing liens against the properties in order to get the net value.

For me....I'm still trying to figure out whether or not to include child support I receive on my 134....... This ####### is so frustrating.

Child support can be used, especially if will continue for years. If the children are older and/or the support will not continue very much longer then it may not be accepted. You will need to provide a court order of the child support plus check stubs or bank statements to show the actual child support amount being deposited each month.

[InesD 2]

Provide proof of the rental income. If it is listed on his most recent tax return, all the better and the best way for it to be accepted. You can provide a copy of the rental agreement and bank statements to show the actual rental amount being deposited to his account.

List the property as assets. Provide appraisals of the property and any documentation of existing liens against the properties in order to get the net value.

Child support can be used, especially if will continue for years. If the children are older and/or the support will not continue very much longer then it may not be accepted. You will need to provide a court order of the child support plus check stubs or bank statements to show the actual child support amount being deposited each month.

thank you very much for your help !