Review of Partnership Income Form 1065 with Schedule K1 webinar

The session covers the review of a borrower’s 1040, K-1 and a Partnership Return (1065). We will review the tax flow and the cash flow for the borrower in our case study. The review of the K-1 is critical as it pertains to the distribution of income or lack of, so the liquidity of the business will also be calculated from the 1065’s balance sheet. A solvency/liquidity calculator will be introduced.

Learning Objective: Learn how to analyze and calculate a self-employed borrower’s income using Fannie Mae’s 1084 Cash Flow Worksheet, reviewing the K1, 1065 and Solvency Test.

Recommended Prerequisites: None