I'm thinking the only way to do this is to write a long detailed letter of explanation saying you ran the business because you were renting the property and with the supporting docs you will no longer be doing this. Is there enough time to get your taxes filed immediately? You could dfile your 2012 returns with no Schedule C to show the business is no longer.
I would attempt to guess that it might be helpful to show bank accounts, vendor accounts or other business relationships have been properly disolved (which can be verified by getting a confirmation note from Vendor, Bank, etc. if no other record of closure exists).
I'd be curious to know how it worked out for you, since I might have a similar situation with my client and appreciate you sharing this with me. I can be contacted at (617) 869-5987 or email@example.com. Good luck!
Salem Five Bank
Richard- I have now submitted a profile showing the current facility which has all of the horse amenities, vs the property I am moving to which does not have an operational farm. We will see how it goes.
Zelda- I am going to see if the underwriter will come back with anything I could show. As of yet, they did not list something specific just keep saying "proof of dissolution". So far, I have forwarded them a copy of the letter that was sent to clients notifying them of the business closure. I sent a coy of my bill of sales selling off the lesson horses, with copies of my bank statements showing the cash going in from the sales of those horses. I don't have any vendor accounts, and my bank account is required to stay open until I have finalized my taxes for 2011- since I will still have to file a schedule C for the half of 2011 that I was in operation. I still pay my farm rent through my business account, as I don't want to give up my rental unless I know for sure that I have somewhere to move. Therefore, my business bank account does still have some activity in it. I wish I had know this would be a problem, as of course, I would have stopped using that account six months ago- but here it is.
I will keep you informed. If you think of any other ideas, please keep them coming. =)