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 partnerships (Form 1065) and S corporations (Form 1120-S).

Regardless of the type of business, we'll teach you 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
• Income trends year-over-year and, possibly, year-to-date

Available to download: