Rob Tossberg
If I put 25% down does the bank care about my Income? Advice?
12 May 2017 | 23 replies
If you deliberately claim fewer expenses (or inflate your income) in order to qualify for a mortgage, this is technically mortgage fraud and the penalties for that are very severe, up to and including incarceration.You have a little leeway in personal expenses you choose to declare in your business such as mileage on your personal vehicle and home office, but anything else that is required to run your business (everything from office supplies to rent to inventory to subcontract labor) is fully reportable.While the IRS will not care if you reduce your expenses and pay more taxes, the mortgage company most certainly will.
Anthony Sanzari
Dealing with Section 8 Tenants
30 November 2023 | 8 replies
Tenants have been known to deliberately break appliances or cause damage, to get new items.6.
Mackaylee Beach
Section 8 Pros, Cons, Experiences and Questions
15 August 2023 | 21 replies
Or try not to deliberately.
Gray Dyer
How to buy an out-of-state investment property without a realtor?
12 January 2024 | 56 replies
Whether it's not wording certain clauses in the contract to sneak it by, being on an email chain with them deliberately stating how they just want this to close, to inciting bidding wars on properties that do not deserve it all the way to outright lying to get business done.
Ryan S.
Why wont my House sell! any suggestions
7 April 2014 | 72 replies
Not everything needs to match but it needs to look deliberately mixed.
Adam Haman
"Retiring" at 33. Too early?
11 March 2016 | 69 replies
Thanks for the kind words, encouragement, and the suggestion of a meaningful, deliberate way forward.
Matthew Crane
Matt Onofrio Tax fraud indictment
3 December 2022 | 24 replies
I know that the FBI, IRS, and FDIC tend to move very slowly and deliberately, and only move forward with an arrest when they believe they have a very strong case with sufficient hard evidence to get a conviction. $35M is a lot of money as well.
Hank Dean
Experience with Short Term Private Equity Lenders
4 March 2015 | 2 replies
When the prospectus is deliberately worded to be conservative for income, why would it be a red flag to state that we can outperform it?
Andrew Potievsky
Which cities have the most promise for long-term rentals (cash flow)?
12 July 2023 | 16 replies
JacksonvilleI'm starting my journey with RE and I want to be careful and deliberate with my first buy.
Chelsy C
Need help please, what is the best way to protect myself being sued by buyer?
21 November 2011 | 14 replies
Leaving them stuck trying to sue you or paying to fix problems you've deliberately disguised can be devastating.