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ohinckley1211

Loop hole to get a Mortgage with a C Corp?

Im self employed and live in another country but I am a US Citizen. I recently applied for a home loan and was denied on the basis of not having proof of income. Here is way I think I can get around this 1.File and register a c Corp 2.Business Income is zeroed out with wages etc this avoid double taxation 3.Pay my self a salary of 24,000 per year 4. Do I need to withhold taxes and make quaterly...

   
http://ohinckley1211.livejournal.com/2191.html      (Cached)   0 links
Published: 5 months, 4 weeks ago (Sat, 11 Jul 2009 18:29:46 PDT); 971 bytes
ohinckley1211


tushayaphank

Loop hole to get a Mortgage with a C Corp?

Im self employed and live in another country but I am a US Citizen. I recently applied for a home loan and was denied on the basis of not having proof of income. Here is way I think I can get around this 1.File and register a c Corp 2.Business Income is zeroed out with wages etc this avoid double taxation 3.Pay my self a salary of 24,000 per year 4. Do I need to withhold taxes and make quaterly...

   
http://tushayaphank.livejournal.com/2084.html      (Cached)   0 links
Published: 5 months, 4 weeks ago (Fri, 10 Jul 2009 23:34:52 PDT); 1004 bytes
tushayaphank


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