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kittykatwoman

Rental application

By kittykatwoman in Moving to the US and Your New Life In America

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kittykatwoman Enthusiast

kittykatwoman   0

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I'm filling an application to rent an appartment and I was wondering if my monthly income is the gross income, the net income or the federal taxable income? Since we are not making a lot of money I want to make sure we meet the requirements (monthly income - debts = 3 times monthly rental)

Thank you for your help.

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Jamie76 Proficient

Jamie76   0

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Yes it is gross. Take if from me. I just got this apartment I am at now. First time I actually ever had to fill out an application for an apartment.

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Nancy2015 Proficient

Nancy2015   2

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It is always gross income that is used for such purposes. In my opinion, it doesn't make sense, since we don't see 25% of this money, and it's kinda silly to determine someone's ability to pay based on the pre-tax income. But that's how things are done, and I'm sure there's a reason for it.

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