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If the borrower is able to document (per the table below) that the rental property was not in service the previous tax year, or was in service for only a portion of the previous tax year, the lender may determine qualifying rental income by using Schedule E income and expenses, and annualizing the income (or loss) calculation; or
The minimum rental charge is one day. *Weekly Rates are for rentals of 7 days in length. ** Monthly. Rates for rentals of 28 days in length, after 28 days each rental agreement must be closed (the. customer must return to Avis) and a new agreement written for the next rental period.