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Valued Member
Posts: 44
Registered: ‎08-21-2012
0

Simple Question... About deprecation taxes

Just to confirm if deprecation on my taxes can be recalculated in my gross income when lenders review my file in order to increase my income to debt ratio ? Thanks in advance.


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Established Member
Posts: 113
Registered: ‎12-04-2012
0

Re: Simple Question... About deprecation taxes

Yes, it can be recalculated with your gross income when your lender takes a peek at your credit.

 

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Valued Member
Posts: 44
Registered: ‎08-21-2012
0

Re: Simple Question... About deprecation taxes

WHat kind of items can you add as deprecation instead of properties and cars? And is there a limit ?


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