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Updated over 3 years ago on . Most recent reply
Showing Loss on Tax Return. Will bank still lend me money?
So my commercial banker wanted to see my tax return before lending me anymore money. So were going to show around a 100K loss with all the renovations and everything with are business which we sink everything right back into. But we have 4 properties we have not leveraged yet. The 4 are worth around $655,000 all together. So we usually get 85% of appraisal values. Whats the best route to keep my business buying and renovating and renting properties?
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@Joshua D. Two years later this post helped me. Thanks for asking!