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Updated over 5 years ago on . Most recent reply

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Xavier Garcia
0
Votes |
7
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Should I report all of my taxes?

Xavier Garcia
Posted

I have a full time job as a waiter and have not invested in real estate yet. I will soon become a manager of a new restaurant owned by my boss. He gave me the option to say that I'm getting less money so at the end of the year we don't have to pay as much taxes.

Since I'm going to invest in real estate later on, is it better to show my full income so when I'm ready to finance, I could get a higher loan? Or is it not worth it?

Most Popular Reply

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1,040
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Christopher Smith
  • Investor
  • brentwood, CA
729
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1,040
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Christopher Smith
  • Investor
  • brentwood, CA
Replied

Have you ever thought about how much sense it makes to publicly post that you are thinking about not declaring all of your taxable income? 

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