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re: To deduct or not to deduct, that is the question.

Posted on 12/15/15 at 11:25 am to
Posted by krehn11
IA
Member since Jul 2011
1486 posts
Posted on 12/15/15 at 11:25 am to
Mortgage fraud is a crime in which the intent is to materially misrepresent or omit information on a mortgage loan application to obtain a loan or to obtain a larger loan than would have not been obtained had the lender or borrower known the truth.
Posted by Napoleon
Kenna
Member since Dec 2007
69193 posts
Posted on 12/15/15 at 11:58 am to
I never said I wasn't going to claim expenses, I would go bankrupt real quick if I didn't claim expenses.
Posted by Shankopotomus
Social Distanced
Member since Feb 2009
21057 posts
Posted on 12/15/15 at 1:32 pm to
If you are a mortgage originator, you are sort of proving his point


amending returns isnt fraud

falsifying information or documents is fraud

DISTINCT difference
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