An American investment banker was at the pier of a small coastal Mexican village when a small boat with just one fisherman docked.

There are serious tax ramifications to contributing appreciating assets like real property to and distributing from an S Corp that need to be considered.It's a lot more complicated from a tax perspective than your banker probably knows or cares to know...

Have great relationship with banker.  

some of you bankers who are reading this will probably say.

Heck, even just a greeting card is very thoughtful.If you want to send nice gifts, you should be sending them to those that help your business such as your contractor, PM, banker, etc.As I said in an earlier post, I sent greeting cards to my tenants.

Your PFS can show this to give a banker a rough idea but most of the time once they get into full underwriting you'll they won't rely on your statements and will create their own snap shot of global cash flow based on your tax returns. 

So I would not see a violation, just a controlling banker/lender that should have had a conversation with your client about the process. 

actually, i think the small, local banks are the way to go...my local banker only charges me .5% origination fee.do you think the big banks like bank of america care about you?

Look at it this way, there are many sidewinder bankers, just a crooked in their dealings and the FDIC regulates them, much can go unchecked, so you need to do your due diligence, check with other borrowers, look at how many foreclosures they have done, se what their lending activity is before you judge a foreclosure rate, ask others in RE, check the integrity of the person and the company.

I've had two bankers tell me that I could use a free and clear property for leverage for additional loans.