Financial Aid & Additional Asset - Please help!

thumper1
Mon, 28 Apr 2008 21:36:55 +0000

Innovation…I think I understand now. The reality is that your rental property is generating an additional $62,000 of income for your family. When you add that to your family income of $80,000, it brings your family income into a higher range. I realize that there are expenses also associated with a rental income, but yours also happens to have appreciated in value quite a bit.

I’m not sure what the answer is…like I said…real estate rich…cash not so rich.