Hi there
Myself and husband currently have two properties. One is rented and just about covers itself. Our tax bill for this year was in the region of 3800. It will be a long time before it "makes" us any money.
We are looking to move from our current home in next two years. Our joint income is 140k. We have good savings and approx 130k equity in our home.
What I am wondering is, will keeping the rental property have a negative or positive effect on our application?
Thank you in advance
Myself and husband currently have two properties. One is rented and just about covers itself. Our tax bill for this year was in the region of 3800. It will be a long time before it "makes" us any money.
We are looking to move from our current home in next two years. Our joint income is 140k. We have good savings and approx 130k equity in our home.
What I am wondering is, will keeping the rental property have a negative or positive effect on our application?
Thank you in advance