Trying to make the most of my taxes in order to qualify for loan

[Eunice Villarroel]

WOULD REPORTING 15, 000 MILES IN TAXES LOWER MY NET INCOME TO A POINT WHERE I DONT QUALIFY FOR THE SAME LOAN AS IF I HADNT REPORTED THE 15,0OO MILES?

[Melissa Nash]

Here is the thing......sometimes you have to give up write-off's to show enough income to qualify, But its temporary for just a couple years until your real estate gives you all the write off's you need. Talk to a lender that knows real estate investing. Aaron chapman is a great one. I send him my taxes before my CPA submits them and he tells me where I need to be and if I am writing too much off. It was really hard at first to NOT take all the write offs that I knew I needed to pay less taxes, but I am so glad I did what he told me to do. I paid the tax man for a few years and now 2 years in a row now I owed ZERO taxes while growing my portfolio so now I get to buy more instead of paying taxes. So find a broker that will work with you like that!