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Updated over 8 years ago on . Most recent reply

User Stats

13
Posts
2
Votes
Oscar J Osorio
  • Investor
  • Marysville, WA
2
Votes |
13
Posts

Real estate financing and the tax benefits

Oscar J Osorio
  • Investor
  • Marysville, WA
Posted

Hopefully anybody can help me understand this, I applied for a loan with a lender and looked at my 2016

Tax returns and told me my dtir was to high, when he explained to me that my taxes showed a loss that on paper I had too much debt, even he knew and I knew that I can afford to get the loan, my question is how then is that of any benefit if my tax breaks are going to keep me out of the market and how do I overcome this? Any thoughts or ideas will great, thank you

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