Medical Office Building Financing News + More: Outdoor retailers boycott Utah over public land policies + MORE 02/12/2017

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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 massive showcase with some of the biggest names in outdoor sporting goods typically convenes each year in Utah.

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Apple CEO Tim Cook wants the tech industry to take action against “fake news” stories that are polluting the web.

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Alec Baldwin is more than just one thing on “Saturday Night Live.” He’s Pete Schweddy of “Schweddy Balls” and the scoutmaster in “Canteen Boy” and Tony Bennett and, as of this Saturday night, the person who’s hosted SNL 17 times, more than anyone else. But it’s this latest stint as host that may end up defining Baldwin’s legacy on the show.

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There hasn’t been an issue this divisive in Canada since Tim Hortons stopped making donuts in their stores.

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“The Happiest Place on Earth” is getting a bit pricier.

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