You've sure spend a LOT of time today trying to prove why/ how you should knowingly report a return that doesn't clearly state the actual amount of money your business made for the purposes of obtaining a loan you really can't afford because you inflated your income.Here's what I've literally seen people do: Leave off expenses to get a loan- then switch tax prepares to amend pretending they didn't know about those expenses so that now they pay less tax by amending to claim those expenses.

Rent: 1700 to 1750 USD per year (inflation adjusted every year). 

Hi all - first time poster here!   I am shopping for a personal loan to cover $20k worth of costs for a rehab project.  The funds will be used for labor and to help pay some of the mortgage during reno. After reno, th...

Property taxes are not popular, but they are proven to be highly effective to reduce speculation.The third reason for the inflation of property values is extremely low interest rates.

Expenses tend to be inflated on tax returns and under reported in the marketing package.  

I also worked 20 hours a week and lived efficiently but times are different and college tuition has certainly inflated.

Totally unrealistic expectations and their opinion of what they are worth or bring to the table is far inflated. 

Factor in inflation, and the constant trajectory of the SA economy and you're definitely going to see both housing prices and residential lease rates rise.  

Welll, odds are your original broker will find out eventually. 

Being sneaky / casual with one's lenders carries a bad rep in this biz.You will have to honor whatever lease term is in effect when ownership transfers, unless Texas has some odd exception that says you don't.