When you're self-employed, getting approved for a mortgage isn't as straightforward as it is for W-2 employees. In this episode, Mike sits down with mortgage lender Bill Moeller to break down how tax-saving strategies can impact your mortgage application.
🚀Ready to stop overpaying the IRS? Sign up for my free webinar on July 15th! Click here or visit: https://www.taxsavingspodcast.com/webinar
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Chapters:
(00:57) The Mortgage Trap for Entrepreneurs
Why showing low income on paper can backfire when it’s time to buy a home.
(03:34) Hiring Your Kids: Tax Benefit, Mortgage Problem
One popular tax strategy could hurt your loan approval unless you plan ahead.
(05:44) Pre-Plan Your Income for Mortgage Success
How to reverse-engineer your tax return so you qualify for the house you want.
(09:26) What Lenders Actually Add Back (And Don’t)
Depreciation helps. Home office? Not so much. Here’s what gets counted.
(12:54) Why Distributions Don’t Count Without Profit
Lenders look for taxable income, not just how much cash you took out.
(15:40) Real Estate Loans: How Rental Income Is Calculated
Using market rent projections and DSCR loans to qualify for investment properties.
Podcast Host:
Mike Jesowshek, CPA – Founder and Host of Small Business Tax Savings Podcast
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🚀 Visit: https://www.TaxSavingsPodcast.com
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👋🏼 GET IN TOUCH
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🎙 ABOUT THE PODCAST
The Small Business Tax Savings Podcast is your go-to resource for cutting-edge tax strategies to help entrepreneurs legally slash their tax bills. Hosted by Mike Jesowshek, CPA, this show breaks down complex tax topics into clear, no-fluff insights so you can keep more of your hard-earned money.
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