Trucker drivers can face a unique problem when trying to get qualified for the purchase of a new home. This has to do with the way they are allowed to deduct their "Meals and Entertainment" expenses on Schedule C of their tax return.
Most professionals are only allowed to deduct half of their meals and entertainment expense. As only half of the actual expense appears on the tax return, the other half must be subtracted from the bottom line by the loan underwriter to obtain an accurate number for the business.
However this is not true for truck drivers are travelling away from home while making their living. We have found an exception that allows us to not have to reduce the drivers profit by the " other half" of the meals and entertainment deduction.
Call us at (678) 335 4848 and let us help you get qualified for the purchase of your new home.
Author:Bonnie Lelak Phone: 404-788-2580 Dated: March 2nd 2017 Views: 22 About Bonnie: Experience with regular home sales, short sales, foreclosures, HUD homes, no down payment program ho...
As a Realtor I have been able to use many of the skills that I have learned from my previous experiences. I spent the past 10 years owning a home inspection company with my husband and watched as buyers would find a home and then have it inspected and be disappointed with the findings. I love being able to help buyers from the start of the process. As a buyers specialist I can help clients look at homes with a different eye, always looking for tings that the home inspector will find issues with and helping my clients see possible issues before going under contract, saving them time, money and heart ache. Servicing all levels of buyers, from the first time home buyers to the luxury buyers. The finishing touch is being able to provide them with tools that can help them pay off their home in less than half the time. Helping buyers find their dream home is very rewarding.
As a listing specialist, I find unique ways to get the attention of the buyers, from text marketing, video, and getting your home listed on the first page of Google, it's all about exposure. I use all the outside marketing tricks and tips that I used and learned over the past 8 years to get the word out about your home. Contact me to find out about my exclusive marketing plan!
Some Highlights:The “Cost of Waiting to Buy” is defined as the add
"We screened several real estate agents before deciding who we would like to work with when buying and selling our homes. Bonnie was a perfect match for us. She took the time to get to know us, our tastes, needs and preferences before we ever visited any houses for sell - a real time saver! She was exceptionally well informed, professional and personable. She worked at our pace, applied no pressure, always kept our interests in mind and she was readily available when questions arose. We have closed on one home and look forward to working with her, again, in the future."