no I'm not a US citizen, I have a Korean citizenship.
Yes, the commercial building does generate income from the monthly rents and that's included in our income, which is $25,000. All of our income comes from that building since none of my parents work.
and i forgot to mention that my dad incorporated when purchasing the building(I don't know if I'm saying this right), so is this building still a personal thing that has to be reported as his asset? or is it just separate(as a corporation) and it doesn't need to be reported in my financial aid? I don't know if I'm making any sense here but thought I'd ask.
Technically he's not getting any income such as monthly rent from the condos he owns because he leases them on a deposit basis(thats usually how it works over there I think). I don't know if this counts as income? And nothing gets reported here in Canada so they won't even know if I don't mention it...