I understand that the BAH is tax exempt, but does your BAH income qualify as income for the sake of auto loan and mortgage applications? Say I make 40k base pay and 20k BAH annually, will my auto/mortgage loan be based on 60k a year income or 40k a year income?
Also, if we don't use up all of the BAH for housing (as in living with roommate(s) and splitting the costs), do we get to pocket the rest of the BAH or do we have to give it back? To me understanding, you get to keep all your BAH regardless of how much of it you end up spending.
Thanks for clarifications!
Also, if we don't use up all of the BAH for housing (as in living with roommate(s) and splitting the costs), do we get to pocket the rest of the BAH or do we have to give it back? To me understanding, you get to keep all your BAH regardless of how much of it you end up spending.
Thanks for clarifications!