Legal Question in Family Law in Minnesota

My ex started a new position with a $25K pay increase. We have a hearing set to modify child support. I have 2 rental properties that I fell into because they are previous homes I was unable to sell when I moved because I owed too much on loan. Now my ex is after my rental "income". The fact is I lost an average of $750/month on these rentals last year. Just rent received vs. mortgage payments the loss is $270/month. These rentals are rented out at fair market value. After sending my ex this documents proving this, she said she needed my schedule E so she could add back in the depreciation as income. I don't think this is the proper way to determine income for child support. Am I wrong? Even if you would add back in the depreciation it equals to a loss anyway but for future was wondering appropriate way to compute. Also since there is a loss of income would a judge consider taking the loss off my monthly gross?


Asked on 8/03/15, 11:41 am

1 Answer from Attorneys
Tricia Dwyer Tricia Dwyer Esq & Assoc PLLC

This is a duplicate post to which detailed reply has been made: See prior reply. I urge you to pay to confer with (your own) attorney at this time and she can provide you with detailed legal advice and counsel - I do suggest you choose a very well-experienced attorney. Be wary of 'free advice'.

Tricia Dwyer Esq

TRICIA DWYER ESQ & ASSOC PLLC

ph 612-296-9666 M-F 6a-5p, Sa/Su 6a-noon

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Answered on 8/03/15, 11:56 am


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