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Analyzing Self-Employed Borrowers 201 – Concentrating on S Corporations
April 9 @ 3:00 pm - 4:00 pm
Once you’ve learned the basics of building qualifying income from the tax returns of self-employed borrowers, you’ll be ready to take your knowledge to the next level with this session that zeroes in on evaluating S corporations (Form 1120-S).
During this 60-minute session, you’ll learn how to document, then calculate and, finally, analyze the following:
- Percentage of ownership and the impact on required documentation
- Stability of K-1 income by evaluating distributions and/or liquidity
- Impact of mortgage and notes payable in less than 1 year on qualifying income
- Review income trends year over year to determine earnings stability