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All Forum Posts by: Abdulai Hussein

Abdulai Hussein has started 1 posts and replied 2 times.

Buying & Selling Real Estate

Post: I have money saved up but my taxes show no income due to writeoff

Abdulai HusseinPosted
  • Posts 2
  • Votes 0

@Natalie Kolodij Thank you for your input. To answer your questions, Yes, it is a legitimate business, and yes I had a ton of mileage which resulted in no income. I just dont know what to do now except wait another year or 2 file my taxes and not take all the deductions and then apply again. And that just seem defeating. Thanks again.

0 Votes
Buying & Selling Real Estate

Post: I have money saved up but my taxes show no income due to writeoff

Abdulai HusseinPosted
  • Posts 2
  • Votes 0

I am looking to buy my first house. I have over $20K saved up however, my 2018 and 2019 taxes that I filed showed no income due to deductions I took. Is there a way I can still qualify for a mortgage? If so which lenders do you think will consider my case? 

All inputs are appreciated. Thank you.

0 Votes