Medical Office Building Financing News + More: U.S. dollar drops sharply after Trump calls it 'too strong' + MORE 04/13/2017

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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.

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When it comes to tax reform, the number one concern for small businesses is that lawmakers will reduce their tax breaks without lowering their tax rates much, if at all.

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President Trump caused the U.S. dollar to slump Wednesday.

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Silicon Valley the place loves “Silicon Valley,” the show that mercilessly mocks it.

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The place the Rams called home for two decades is now suing the football team.

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