Fafsa question renting primary residence

Paying for College
1

I have asked the ED.GOV people but cant get a straight answer from them. My situation is I am having financial issues and had to move out of my primary residence and in with my parents. My primary residence has a mortgage and I am renting it to make the payments. Every FAFSA guide/website i visit talks about having to report a second home / investment real estate so I was wondering if my situation would be considered investment even though its my only home and I am only doing it to make the payments.

Thanks so much,

Removed name
ED

2

Are you a grad student?

3

I don’t see how it wouldn’t be an investment property. It isn’t your primary residence.

4

This house is now a rental property. You are collecting rent, which will be income. Any equity in that house is considered an asset.

This can’t be ignored when you complete your FAFSA form. This is no longer your home (primary residence). You don’t live there at all.