We have a property which we are renting but we are not earning income since it goes to the mortgage payment. will it be considered earned income anyway?
We have a property which we are renting but we are not earning income since it goes to the mortgage payment. will it be considered earned income anyway?
We have a property which we are renting but we are not earning income since it goes to the mortgage payment. will it be considered earned income anyway?
Yes. Regardless of what you do with the rent you receive, it's still rental income.
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