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tax returns and financing

planetshapers

Well-Known Member
Joined
Oct 23, 2007
Messages
83
Location
southeast
what if a person shared a business with a family member.
the other family member always showed the profit on his tax return, while you showed zilch.
but u have been in business all your life. dont that type of work since u can remember. and your 34. and you want to split off and start over and buy your own equipment.
how do you buy equipment without a tax return showing enough income?

strange i know..but it can happen.
 
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