Startup founders: when buying property, were you required to show your startup's tax returns?
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This depended on the % of the business you own. If you own more than 25% of the business and you are using the income to qualify you’ll need to provide them(other stipulations my apply depending on the overall situation)
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Seems silly. It's reasonable to own 25% of other businesses and not have their tax returns.
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I think the UW sees it as you can pay yourself 1m/yr but if a business is only making 800k/yr you have a 200k liability on your hands that will need to be counted against you. Your paying yourself more than you’re making. UW is always going to take the most conservative approach.
End of conversation
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