Asked by Titus, Fort Lee, NJ • Sat Jul 26, 2008
My problem is that co-op boards ask for the past two-yearâ€™s tax return. I had brief periods of unemployment in both years, which would be obvious from the fact that I reported unemployment income on my tax return.
Would my periods of unemployment be a dealbreaker for a co-op board? If so, I would rather not go through the process of trying to buy a place, only to be rejected. It seems like a waste of an application fee.
I can always wait until the end of 2008 to look, so that I can present my 2008 tax return, which will have no unemployment.
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