proof of income (by Jan [CA]) Aug 23, 2016 5:59 PM
proof of income (by OPM [OR]) Aug 23, 2016 6:26 PM
proof of income (by S i d [MO]) Aug 23, 2016 6:26 PM
proof of income (by Vee [OH]) Aug 23, 2016 6:45 PM
proof of income (by allin [VA]) Aug 23, 2016 6:48 PM
proof of income (by Jim in O C [CA]) Aug 23, 2016 7:05 PM
proof of income (by Coplin [CA]) Aug 23, 2016 7:19 PM
proof of income (by Jim in O C [CA]) Aug 23, 2016 8:13 PM
proof of income (by myob [GA]) Aug 24, 2016 4:28 AM
proof of income (by Ray-N-Pa [PA]) Aug 24, 2016 7:47 AM
proof of income (by plenty [MO]) Aug 24, 2016 8:13 AM
proof of income (by GKARL [PA]) Aug 24, 2016 8:41 AM
proof of income (by Wilma [PA]) Aug 24, 2016 11:49 AM
proof of income (by plenty [MO]) Aug 24, 2016 12:56 PM
proof of income (by Jan [CA]) Posted on: Aug 23, 2016 5:59 PM Message:
How do you verify income for someone who is self-employed? I can't call his boss, and they don't seem to have pay checks to show me.
--47.140.xx.xxx |
proof of income (by OPM [OR]) Posted on: Aug 23, 2016 6:26 PM Message:
HI JAN.. TAX RETURN SCHEDULE C AND BANK STATEMENTS FOR 2 OR 3 MONTHS --162.247.xx.xx |
proof of income (by S i d [MO]) Posted on: Aug 23, 2016 6:26 PM Message:
Two years of tax returns and last 6 months of bank statements. Anything less and it's smoke and mirrors. Btw, self-employed is almost impossible to garnishee. Be sure this applicant is ROCK SOLID and net income is trending upward. --173.19.xx.xxx |
proof of income (by Vee [OH]) Posted on: Aug 23, 2016 6:45 PM Message:
They can order duplicate certified copies of tax returns, just the last 2 years would do it, they have to do this anytime a vehicle or furniture is purchased. --76.188.xxx.xxx |
proof of income (by allin [VA]) Posted on: Aug 23, 2016 6:48 PM Message:
Check out the business if you can. Is it listed with the SCC? BBB? Website? I charge the maximum SD (2 months) due to the fact that it can not be verified. --70.197.xxx.xx |
proof of income (by Jim in O C [CA]) Posted on: Aug 23, 2016 7:05 PM Message:
Like what was said before two years tax returns and two months bank statements. --108.89.xxx.xxx |
proof of income (by Coplin [CA]) Posted on: Aug 23, 2016 7:19 PM Message:
If your looking at tax returns, be sure they're signed by a CPA who you call to verify he generated the return, not that the applicant used turbotax to make it. --104.34.xxx.xxx |
proof of income (by Jim in O C [CA]) Posted on: Aug 23, 2016 8:13 PM Message:
Good point by (by Coplin [CA]) I once had a guy have H & R Block make him a tax return for me. On the return it had DRAFT, He made $125,000 and had auto expense of $30,000, entertainment $25,000 and some other deductions all even numbers. I owned my own business so I am familiar with income and expenses. I laughed and handed it back to him. He probably spent $100.00 with H & R. --108.89.xxx.xxx |
proof of income (by myob [GA]) Posted on: Aug 24, 2016 4:28 AM Message:
even with all the info provided--- bigger deposit or pre-paid rent (but rent for end of lease).
Self employed --- step back and than step back further. Keep them in your hip pocket and on the line while you process others. They never supply everything you need so keep taking applications. --74.184.xxx.xx |
proof of income (by Ray-N-Pa [PA]) Posted on: Aug 24, 2016 7:47 AM Message:
I am a bank statement kinda guy.
If someone is saying that they $5,000 a month and don't have a bank account.....and they claim to be self employed - I probably don't want them. --72.23.xxx.xxx |
proof of income (by plenty [MO]) Posted on: Aug 24, 2016 8:13 AM Message:
Ask for bank statements, much truer. Look for incoming money and out going. Should be enough left over for rent. --66.87.xx.xxx |
proof of income (by GKARL [PA]) Posted on: Aug 24, 2016 8:41 AM Message:
Bank statements are the way to go. Generally, the objective with the tax return is the minimize taxes, so you have to add back a few expenses to determine what true income is. I had a tenant who mainly had tip income from pizza delivery and that's how I verified his income. All of the tips weren't hitting the W-2. --64.121.xxx.xx |
proof of income (by Wilma [PA]) Posted on: Aug 24, 2016 11:49 AM Message:
Wish I had a dollar for every person who told me they were self-employed "with a new, exciting business!". Sorry, check back with me after you've filed two tax returns. --71.175.xxx.xx |
proof of income (by plenty [MO]) Posted on: Aug 24, 2016 12:56 PM Message:
Wilma, yes, word are words. Don't tell me what you are going to.do when.... when you have to, external pressure. Just do it, prove you have self discipline. Let me see it on paper --66.87.xx.xx |
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