CPA letter for our lender?
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Anonymous
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Our lender is asking for a letter from a CPA to guarantee that the funds we use for the down payment will not effect our business. We don't have a CPA and we're 2 weeks from closing. Anyone else experienced this? Did you just look-up a CPA at random and ask?
It's kind of hard for me to imagine that any CPA, especially one that has never done business with us would be willing to sign such a letter. |
Anonymous
| You own your own business or are otherwise self-employed and don't use a CPA? |
Anonymous
| Start calling around... |
Anonymous
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Sounds like they just want a piece of paper.
I bet you can work with a CPA to draft a letter to satisfy the paper needed in the lender's file. I don't think a CPA will use the word guarantee in this letter though, but I bet you can get them to look at a bank statement and confirm the funds are held separately from your business, ie that sort of thing. |
Anonymous
| Who does your taxes? |