- This event has passed.
Analyzing Self-Employed Borrowers 202 – Zeroing in on Partnerships
April 11 @ 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 step with this session that zeroes in on evaluating partnerships (Form 1065).
During this 60-minute session, we’ll teach you how to document, then calculate and, finally, analyze the following:
- Use of guaranteed payments as part of qualifying income
- Why some Schedule K-1s show negative income but positive distributions
- Receipt of other income and when it can be retained
- Why LLCs use IRS Form 1065 to report their earnings