Does the property's net value count as an asset? Or is it viewed as a family owned small business --- and, therefore, ignored in the application for financial aid?
Or, is it considered by the application only by including the net rental income as part of the parent's adjusted gross income?
(I am focusing on the federal FAFSA process)
Or, is it considered by the application only by including the net rental income as part of the parent's adjusted gross income?
(I am focusing on the federal FAFSA process)