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Instructions and help about fnma rental income worksheet

hi I'm Mike whitbeck you're under a trainer and Managing Partner of uber writer and today's video blog is on how to determine rental income when your borrower has it reporting on the 88 25 and it's personally financed now we receive question the Box recently I thought make a great video blog because we you know just comes up quite a bit and I figured be easier to explain it using the video blog versus a written blog and walk through it alright let's get started and we'll go over how to do rental income when that income is reported on a t25 instead of a typical Schedule II first of all what is in a t25 what is that form use for well when a business owns real estate you know one to four family or commercial it's reported on the ad 825 you know basically the ada25 acts the same way is a Schedule E would if you personally own real estate now where you can tell that you have need 25 right away is that the borrower is part owner or full owner of either a 1065 or 1120s business on the k1 line

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