Good Tax News for Business Owners


I’ve got good news for business owners and other self-employed individuals. Keep reading to find out what it is.

Today I want to share with you some news that will be of special interest for those of you who are business owners, contractors, and otherwise self-employed.

The good news is that if you have had your business for over four years and you have a good credit score of 720 or higher, Fannie Mae and Freddie Mac only require your most recent tax return, as opposed to the last two years.

If you know of anybody that this tip could help, go ahead and forward this article to them.

The way it stands now, you need a $100,000 average over two years in income to qualify for the purchase of a home. Now, with their new underwriting system, only one year of income over $100,000 is needed to qualify. This will be great savings for you.

If you know anybody that this could help, share this with them. If you have any other questions in the meantime or you’re looking to buy or sell a home soon, don’t hesitate to give me a call or send me an email. I would love to hear from you soon.

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