Am self employed, I sell products on ebay, how do i proof income?
the money that you get from the sale of whatever goods you sale or help to trade needs to go all to the same account. make sure that you pace the deposits of the account to show a consistent deposit history for the purpose of any future financing and make sure that you specify that the account is a business account. Apply for a business liscence as well. you can use the deposit history of that account as proof of income during tax time. make sure that whatever you do though, that if you have the financial leverage, you show all double the amount of the monthly carrying cost on any debts listed on your credit report. EXAMPLE if you have a 2 credit cards you pay 150/mos a piece for and a house note for 1500/mos with a car not of 250/mos then you should show about 5000 a monh in the account. you still will have tons of write offs, but the finance industry has changed, it is impossibl to extent credit to people on mortgage and home equity loans without fully documenting thier income.
