Commercial Real Estate Financing News + More: A taxpayer-friendly way to do tax reform + MORE 01/10/2017

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Stated Income Loan Programs

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Tax Returns versus Stated Income!

Most traditional banks will require several years of tax returns in order to qualify for a commercial real estate loan. The alternative is to use a Stated Income lender that does not verify personal income or assets. Many borrowers will simply not qualify for a commercial mortgage loan if tax returns are used due to high business expenses (and low net income). Many lenders using tax returns will also continue to verify income after the loan closes. Stated Income lenders will not engage in this practice.

A majority of the country thinks it"s time for Donald Trump to log off, and never tweet — at least not from his personal Twitter account.

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The leader of Elizabeth Warren"s consumer watchdog is in the hot seat.

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As Republicans begin steps to repeal the Affordable Care Act, many GOP Congressional members will have to carefully weigh the fact that a great number of their constituents rely on Obamacare for health coverage.

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As President-elect Trump prepares to explain how he will prevent conflicts of interest posed by his global businesses, a growing chorus of ethics experts say the sheer complexity of his empire requires a full and complete separation from the White House.

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Big Sky, one of the country’s largest ski areas, is relatively undiscovered. But $1 billion in development set for the next decade seems sure to change that.

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