Help! Mortgage Loan?
Okay people here is the truth. I file that I have a catering business and took a loss for the past three.(Ok Ok! I know I am wrong & prepared for an audit) I have worked at my company for almost 8yrs and have W2. Will the way I file my taxes stop me from getting a mortgage loan? An associate of mine said that they just admended their taxes & deleted the loss from the business but I’m scared to do that. Any advice & please do bashing.
Please no bashing!