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Updated almost 5 years ago on . Most recent reply presented by

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Crystal Wilson
  • Rental Property Investor
  • Denver, CO
22
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105
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Looking for a CPA in Denver, specializes in real estate

Crystal Wilson
  • Rental Property Investor
  • Denver, CO
Posted

Need to file my taxes from 2019, I own 3 rental properties I rent. Need to approve for loans so I need the income to be high

Most Popular Reply

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Nicholas Aiola
  • CPA & Investor
  • New York, NY
1,251
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1,321
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Nicholas Aiola
  • CPA & Investor
  • New York, NY
Replied

@Crystal Wilson 

@Linda Weygant is in the Denver area but I'd first like to align your expectations with reality (and I'm sure Linda would agree)...

First, the 2019 individual tax deadline is 7/15. I doubt any tax preparer would be able to take on a new client and file the returns before then this close to the deadline - you will likely have to file for an extension and complete the returns after 7/15.

Second, you cannot manipulate income/deductions on your tax returns to qualify for a loan. That would not only be a fraudulent tax return but mortgage fraud, too.

  • Nicholas Aiola

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