Converting a 1040 Personal Return to Cash Flow Part 2:
Schedules D, E & F

(90-minute webinar – available live or on-demand)

 Wednesday, February 23, 2022

12:00 PM Pacific          1:00 PM Mountain

2:00 PM Central           3:00 PM Eastern

Part 2 of this information-intensive series will continue the journey to convert 1040 personal tax returns into cash flow and will focus on Schedules D, E, and F. 

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

• Determine whether incomes on Schedule D are recurring qualifying income or one-time sources that shouldn’t be considered
• Calculate Schedule E, Page 1 to find the real cash flow from rental and royalty properties
• Identify real cash flow versus “phantom” pass-through incomes on Schedule E
• Find hidden income in Schedule F

WEBINAR DETAILS

In today’s tough lending environment, understanding a borrower’s true cash flow is as important as ever.  This webinar will take the mystery out of personal tax returns.  No more guessing how much cash income a borrower is really earning.  Cash flow and taxable income are usually different, but with this process and the free Lenders Tax Analyzer^© software, you will learn an easy, reliable method to convert a personal tax return (Form 1040) into a cash flow statement.

Designed for consumer and commercial lenders, Part 2 of this two-part series will cover Schedule D (Capital Gains and Losses), Schedule E Page 1 (Rental and Royalty Properties), Schedule E Page 2 (Partnership and S Corporation pass-throughs) and Schedule F (Farm Income). When you finish this session, you will be able do a little ‘magic’ and quickly convert your borrower’s personal tax return to cash flow.  (Note:  This method does not follow Fannie, Freddie, or QM rules used in mortgage lending.)

WHO SHOULD ATTEND?

This informative session is designed for lending personnel, including chief lending officers, loan officers, loan underwriters, loan sales staff, credit analysts, loan processors, branch managers, CEOs, and other key lending staff.  Service representatives, new accounts personnel, and frontline staff involved in the lending function will also benefit. 

TAKE-AWAY TOOLKIT

• Free copy of Lenders Tax Analyzer^© software
• PDF copy of the slides
• Employee training log
• Interactive quiz 

DON’T MISS THESE RELATED WEBINARS!

Converting a 1040 Personal Return to Cash Flow Part 1: Schedules B & C
Wednesday, February 2, 2022

Converting Accrual Statements into Cash Flow
Thursday, April 7, 2022 

Attendance certificate provided to self-report CE credits. 

     MEET THE PRESENTER - Tim Harrington, CPA, TEAM Resources

Tim Harrington is President of TEAM Resources and has been a financial institution consultant for 30 years.  Tim has advised lenders on verifying income from tax returns since 1992 and consults with financial institutions nationwide on issues of strategy, profitability, and board governance.  He speaks at nationwide conferences and has presented in Canada, Mexico, Puerto Rico, Jamaica, and the Virgin Islands.  Tim is the author of the popular software, Lenders Tax Analyzer.  In addition, his book “Eisenhower on Enlightened Leadership” has been used by management teams nationwide to improve leadership skills. He did his undergraduate studies at Gonzaga University and graduate studies at the University of Washington.

THREE REGISTRATION OPTIONS – WHAT YOU GET

1. Live Webinar Includes

• Unlimited connections within your institution to the Live Webinar
• Handout and Take-Away Toolkit
• Available on desktop, mobile & tablet
• Presenter’s contact info for follow-up 

2. On-Demand Webinar Includes

• Recording of the Live Webinar
• Available two business days following Live date
• Handout and Take-Away Toolkit
• Available on desktop, mobile & tablet
• Free Digital Download, yours to keep
• Share link with anyone at your institution
• Presenter’s contact info for follow-up

3. Purchase the BOTH Option to receive all the benefits listed above! Full registration descriptions can be found here.

Note: All materials are subject to copyright. Transmission, retransmission, or republishing this webinar to other institutions or those not employed by your financial institution is prohibited. Print materials may be copied for eligible participants only.

AFFORDABLE, PROFESSIONAL TRAINING, WHEN AND WHERE YOU CHOOSE