Show Me The Money introduces income and tax return analysis for income sources other than self-employed. This course includes income analysis, using Fannie Mae Form 1084 (Cash Flow Analysis) for non-employed income sources, employed income sources, employment types associated with tax return analysis, rental income (including 1031 exchanges), and trust income.
Course Outline:
Lesson 1 - Employed Income
- Defining Stable Monthly Employed Income
- Employed Income
- Commission Income
- Overtime/Bonus Income
- Part-time or Seasonal Job
- Independent Contracting
- Miscellaneous Income
- Automobile Allowance
- Employee Business Expenses
Lesson 2 - Non-Employed Income
- Defining Non-Employed Income
- Interest/Dividend
- Alimony or Child Support received
- Capital Gain or Loss
- Pension/Retirement
- Disability Income
Lesson 3 - Rental Income
- Rental Income from Real Estate
- Frequently Asked Questions for Rental Income
- Case Studies
- Understanding 1031 Exchanges
- 1031 Exchange Fraud Alert
Lesson 4 - Trusts
- Income from Trusts
- Analyzing Tax Returns
 CampusMBA is
offering the CRU designation through a partnership with Genworth Financial.
Genworth's underwriting courses and content have been implemented into the program
curriculum to enhance CampusMBA's current offerings to the real estate finance industry.
Course Credit:
Completion of this course earns five points toward MBA's Certified Mortgage Banker (CMB), or Certified Mortgage Technologist (CMT) designations. This course also earns five points towards MBA's Residential Underwriter (CRU Level I) Achievement Certificate. |