<p>I am curious if a Farm Rental ( tax form 4835 ) would be considered an asset for FAFSA purposes? I do not think it would fall under the 'family farm' title, or the 'small business with less than 100 employees'. It is a rental, and has no employees, so even though it is a farm, that really doesn't matter. Am I correct??? </p>
<p>I believe this should be reported on the FAFSA as Rental Properties. Any thoughts?</p>
<p>Also, I have two K-1 questions... do either of these need to be reported as investments on the FAFSA?</p>
<p>K-1 - ( SCorp). Small family business, 2 employee's</p>
<p>K-1 - (Partnership) all money invested is at risk, has had nothing but losses, and we do not materially participate. </p>
<p>Thanks in advance for any advice!</p>