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Rental Property/Negative Cash Flow/Means Test

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    Rental Property/Negative Cash Flow/Means Test

    Hello,
    I have a rental property that breaks even at best each month. How is that going to affect my monthly income on the means test?
    Thanks

    #2
    I am in a similar situation. I also have a rental property and because I own it, I can file CH7 through the Means test. Only issue right now if that the property is aitting there no tenants and about 6 weeks from a Sheriff Sale. And per my attorney, papers need to get filed before the Sale occurs. If they do not get filed than I have to go through a CH13.
    Filed: 01/23/08
    341 Meeting: 02/29/08
    Discharged: 04/30/08
    Closed: 05/12/08

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