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Part 2 of this series for consumer and commercial lenders, on Tuesday, February 27, from 3:00 P.M. to 4:30 P.M., will cover Schedules E and F, which are some of the most difficult schedules to analyze. You will learn about Schedule E Page 1 (Rental and Royalty Properties) and the best way to find cash flow for a debt ratio calculation. For Schedule E Page 2 (Partnership and S Corporation pass-throughs), discover which pass-through items can be ignored, and where to find the real cash flow from partnerships and S Corps. With Schedule F (Farm Income), find the actual cash flow, not what the borrower reported for tax purposes.
Upon completion of this session, you will be able to efficiently identify actual cash flow from sources such as rental properties, partnerships, S Corps, and farms, and how they affect an individual’s cash available for debt service.
For those participating in this webinar, you can expect to cover:
- Schedule E, Page 1: Rental and Royalty Income
- Entails more than just adding back depreciation – learn how to find the real cash flow from these properties
- Schedule E, Page 2: Partnerships and S Corporations
- Most information that is passed through is useless because it doesn’t represent cash flow – learn what income can be relied upon and what should be ignored as phantom income
- Schedule F: Farm Income – additional income that might be hidden in farmers’ tax returns
After participating in this webinar, attendees will receive: A free copy of Lenders Tax Analyzer© software; employee training log; and a quiz you can administer to measure staff learning and a separate answer key.
For more information or to register, please click here.
This webinar, offered through the League's partnership with the CU Webinar Network, is the second part of a two-part series. For more information regarding part one, Understanding Personal Tax Returns Part 1: Schedules A, B, C & D, click here.