Asked by Richardldrew, 84062 • Thu Jun 18, 2009
My wife recently graduated from Medical School in CA and accepted a residency in UT. We cannot sell the house in CA because we owe nearly 200k dollars more then it is currently worth. Luckily we have found someone to rent the property. We are being told that we cannot claim income from the rental propery because it is in a different state. Has anyone ever heard of this? It is making it impossible to qualify for a house in UT.
Real Estate in Pleasant Grove
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