Posted by Rich-CA on January 31, 2008 at 10:43:09:
We did not list any investment properties when filing for FAFSA. The company owns the property and we own the company. The net income passing from the company to our tax return is what we reported.
College Financial Aid Forms - Posted by BJY
Posted by BJY on January 30, 2008 at 12:28:17:
When filling out the FAFSA for federal tuition assistance programs, you can omit any assets associated with a family owned and operated business. For RE investors, can multi family properties be considered a business or do you have to list them as investments? (Ours are held in LLCs) Any experience or strategies out there on this topic? I’m guessing there are many folks in a similar situation. thanks