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

Posted on 12/15/15 at 11:45 am to
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37311 posts
Posted on 12/15/15 at 11:45 am to
quote:

Can you explain why he would be fraudulently inflating his income? It seems like he would just be representing his income without taking some discretionary deductions.


The money has been spent. He is making it appear he has more money available to service the loan than he actually has.
Posted by Napoleon
Kenna
Member since Dec 2007
69449 posts
Posted on 12/15/15 at 12:04 pm to
quote:

The money has been spent. He is making it appear he has more money available to service the loan than he actually has.


This post was edited on 12/15/15 at 12:11 pm
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