Assuming I get pushed into a 13, I intend on keeping my rental unit and walking away from my primary residence to rent something less expensive.
How much information will I need to provide for the Trustee to keep the rental? Will it need to show a "profit" at the end of the last couple years? It hasn't, but I am increasing the rent to at least break even on the mtg and utilities.
Will they look at the depreciation on my taxes, maintenance, tolls, etc?
How much information will I need to provide for the Trustee to keep the rental? Will it need to show a "profit" at the end of the last couple years? It hasn't, but I am increasing the rent to at least break even on the mtg and utilities.
Will they look at the depreciation on my taxes, maintenance, tolls, etc?
