277 - 1099 Tax Tips for Renters Looking to Buy
Description
Ever feel like your tax return is a ticking time bomb for your homeownership dreams? David Sidoni's got your back! In this episode, he throws a lifeline to self-employed and 1099 earners who might be unknowingly shrinking their mortgage potential with those tempting tax deductions. Get ready to discover the surprising strategy that could boost your buying power and unlock the home of your dreams (without the last-minute scramble!).
Quote: "To say that the stress scramble reduces people to tears, that's actually an understatement."
Highlights:
- Could those "smart" tax moves be secretly shrinking your mortgage potential?
- What if the path to a bigger mortgage involves a surprising twist – paying more to the IRS?
- Is it possible to rewrite your tax history and still come out ahead in the home buying game?
- What if you could start taking action years before you're ready to buy and sidestep the stress scramble entirely?
- Could a "unicorn" lender be the missing piece of the puzzle for self-employed homebuyers?
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David Sidoni, the "How to Buy a Home Guy," is a seasoned real estate professional and consumer advocate with over 18 years of experience helping first-time homebuyers navigate the real estate market. His podcast, "How to Buy a Home," is a trusted resource for anyone looking to buy their first home. It offers expert advice, actionable tips, and inspiring stories from real first-time homebuyers. With a focus on making the home-buying process accessible and understandable, David breaks down complex topics into easy-to-follow steps, covering everything from budgeting and financing to finding the right home and making an offer.
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