Hi,
I have a joint sponsor filling out the 1 864. He will be including his assets. There are 3 subsections: savings (1), net real estate holdings (2), and stocks, bonds and other assests not included on line 1 and 2 (3).
My question is: Does my joint sponsor have to put down his net real estate holdings (or is it optional)? (He would like to list his savings and stocks and bonds, but I do not think he would like to put his real estate, unless it is necessary).
In other words, since he is choosing to use assets, does he get to pick and choose which assets, or once you decide to use assets, are you obligated to list all types of assets?
Thank you in advance!
I have a joint sponsor filling out the 1 864. He will be including his assets. There are 3 subsections: savings (1), net real estate holdings (2), and stocks, bonds and other assests not included on line 1 and 2 (3).
My question is: Does my joint sponsor have to put down his net real estate holdings (or is it optional)? (He would like to list his savings and stocks and bonds, but I do not think he would like to put his real estate, unless it is necessary).
In other words, since he is choosing to use assets, does he get to pick and choose which assets, or once you decide to use assets, are you obligated to list all types of assets?
Thank you in advance!
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