
Michael Abram - RPM Mortgage
- Feb 9, 2019
Self Employed & Wanting to Buy? Read this before filing for 2018!
For self-employed borrowers, tax time usually means writing off as much income as possible through deductions & expenses in order to minimize any payout to the IRS. What you may not realize is that by writing off all your income, you’re taking away from the actual qualifying income that a bank will need to see when they review tax returns to qualify for a mortgage. If you have a thought about buying a home in the next 12 – 24 months, it’s very important to take the appropri