My taxi driver is buying, page-5

The problem is he would never qualify for a loan. As a mortgage broker I get enquiries from taxi drivers all the time. Their tax returns are always non-existent because they never declare any income. Low Doc loans aren't Low Doc any more. You still need BAS/trading statements or a letter from an accountant. So unless your accountant is willing to put his career on the line you've got next to nought chance of getting a property loan if you/re a taxi driver.