Lender Q&A, Tax Return Analysis PI or PITI Confusion…Mandi’s question: I recently purchased your Essentials 1040 Review and Beyond the Basics Manual. ... Read More
AgLending, Business Lending, Complex Borrowers, Lender Q&A, Mortgage Lending, Qualifying the borrower, Tax Return Analysis Should declining S Corp ordinary income preclude use of positive rental cashflow?Ben asks: I have a borrower who owns 100% of an S-Corp. The S-Corp ... Read More
Business Lending, Lender Q&A LLCs and Negative Rental CashflowDavid’s question: The borrower has two rentals owned by separate LLCs and reported on ... Read More