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Updated over 6 years ago,
Minimizing taxes and qualifying for a loan
As entrepreneurs and investors, it is our job to pay as little in taxes as possible. However, maximizing deductions and paying little to nothing in taxes makes it look to lenders like we have low income! Has anyone come across or figured out a solution or way around this problem?
The only thing I can come up with is a very expensive option! Not taking deductions so I show maximum income, then paying huge taxes instead of getting a refund! There has to be another way to qualify!