Self-Employed Borrowers – Focus on Partnerships and S Corporations
This comprehensive webinar takes you on a step-by-step review of the Partnership and S Corporation tax returns. Defining common terms and theories, such as nonrecurring vs. recurring income or expenses, distributions and guaranteed payments, will help you develop a clearer picture of your self-employed borrower’s income and financial standing.
This webinar will provide:
- An in-depth look at the Partnership (Form 1065), S Corporation (Form 1120S) and Schedule K-1 forms
- Insight into liquidity analysis
- Ways to increase efficiency in processing and underwriting self-employed borrower loan applications
- A review of documentation requirements, acceptable income and underwriting criteria
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