Income analysis for Schedule C, Schedule F, 1065, 1120, and 1120S.
Mortgage, notes, and bonds due in under 1 year is a line item well known, but little discussed in the guidelines. This single item on a self employed borrower can
NOTICE: Due to regulation changes the content of this article is no longer current. For years FNMA’s guidelines for self-employed borrowers who receive income on the K-1 form (either
Over the last few years the popularity of business owners setting up LLC’s has increased. LLC’s have many advantages over sole proprietorships and standard partnerships. Many business owners call the
Updated 07/15/2018 to correct All Regs References For Freddie Mac One thing about the mortgage business you can count on is change, but not everything changes year by year! For
Regulation Change Update: The following blog was posted in January of 2013 and the regulations have changed since we posted. Question: When reviewing business tax returns such as 1165, 1120S,
