MPF® University Welcomes MGIC: Zeroing in on Partnerships


This webinar presented by MGIC, will focus on evaluating partnerships (Form 1065). During this 60-minute session, we'll teach you how to document, calculate, and finally, analyze the following:

  • Use of guaranteed payments as part of qualifying income
  • Why some Schedule K-1s show negative income but positive distributions
  • Receipt of other income and when it can be retained
  • Why LLCs use IRS Form 1065 to report their earnings

Who should attend?

  • Loan Officers
  • Loan Processors
  • Underwriters
  • Quality Control Staff