Affordable housing 605 W 42nd St. (appointed, student loan, tax return)
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Got it! Thank you and good luck to you. I live in Hells Kitchen for over 10 years and I love it!
I did not fit to 42 st but it is a great building. Wishing you all the best of luck
Your total income has to fall within the income bracket. It cant be a penny over or under. They will calculate your gross employment, a percentage of your assets, savings ect. to get a total income. Thats the rules. Thats why so many people dont qualify.
Your total income has to fall within the income bracket. It cant be a penny over or under. They will calculate your gross employment, a percentage of your assets, savings ect. to get a total income. Thats the rules. Thats why so many people dont qualify.
What if your income is higher but you paying off loans tax free, and when you calculate the whole income subtracting the loans you paying, it falls within the brackets. Any input? it says income subject to change???
What if your income is higher but you paying off loans tax free, and when you calculate the whole income subtracting the loans you paying, it falls within the brackets. Any input? it says income subject to change???
Well your income is over the bracket so you would be disqualified. I dont think paying off loans has anything to do with your actual gross income nor is there a way to reduce your overall gross income. Does that make sense?
Well your income is over the bracket so you would be disqualified. I dont think paying off loans has anything to do with your actual gross income nor is there a way to reduce your overall gross income. Does that make sense?
Thanks for your reply. What does **RENTS SUBJECT TO CHANGE ***INCOME REQUIREMENTS SUBJECT TO CHANGE mean????!!!!
Well, it's not really at their discretion. If the official area median income goes up or down, the brackets and the rents will be adjusted accordingly. It's not up to individual landlords. (I'm not really sure what you mean by "they.")
To goforitnow, the only way you can deduct expenses from your income is if you're self-employed and get paid on 1099s. Then you would total your income and then deduct business expenses like overhead, office space, supplies, etc. I don't really know how loans would fit in with that scenario though.
Are you self-employed?
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