Sometime in the future future I hope to be able to buy a property.
Everywhere I’ve read online it says that banks look at your gross income in determining how much mortgage to give you. However my accountant is telling me they look at your net.
Which is true or does it depend on your state / bank? I’d prob go to BOA first about getting a mortgage.
Ideally I’d put some expenses down for 2019s taxes to save a little on how much I’m taxed but it sounds like if I wanna afford a place I shouldn’t put anything in expenses at all.
Any help would be great. Thanks