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by shaionee
Tue May 24, 2011 6:43 am
Forum: Canada / United States Tax & Accounting
Topic: OPT/H1B tax and mortgage questions
Replies: 5
Views: 3981

How does rental income on a 1st mortgage affect mortgage affordability on a second home? For example if my 1st mortgage is $1000 per month and i charge a rental income of $1000 per month, is it a wash? Or do i get the $1000 rental income added to my gross monthly income and have the $1000 mortgage p...