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Updated over 2 years ago,
Agent/investor writes everything off, can't get loan???
Hey there everyone! I am a real estate agent and an investor. I have written off so much but now I can't get a cash out refi. What's a guy to do? Is there a balance to taking in some income and paying taxes on it and writing off some? This year has been a fantastic year but I have also found new ways to write things off showing a loss. Is this good or bad? Should I not write off so much so that I can show income so that I can get a loan next year? Let me know what strategies y'all have.
Thanks in advance for your help,
- Heath Shepard
- [email protected]
- 830-446-3847