Reply To: Client Owes $66,000 is a realtor with 2 rental properties and another one gets

Home Forums Member Forum Client Owes $66,000 is a realtor with 2 rental properties and another one gets Reply To: Client Owes $66,000 is a realtor with 2 rental properties and another one gets

#14368
Raymond Garnsey
Participant

Thank you for your response, Christopher.

I am going to recommend the new Streamline IA to her for the 84 months but have to check the CSEDS again.

I believe according to the IRM the rental properties are not listed on the 433 because the income is included. If she agrees to the 84 month IA the 433 won’t be required. She claims she has no income and commissions are not coming but never mentions she has the rental income I come with about $804 a month which I think she will balk at.

Where are you located? I am in Southbury CT.

Regards

Ray