For tax purposes, not all income is earned.  Knowing how to determine whether income is either earned or unearned is critical when it comes to a family’s eligibility.  This class will teach the various asset income types and how to calculate using their values in a correct manner.  Also explored with be extended concepts such as annualized and anticipating income.   

Learning Objectives: 

• Complete and understand HUD Form 50059 

• The various income types and determine between earned and unearned 

• Explore the concepts of annualizing income and whether to anticipate future income if it is not guaranteed 

Duration: Approximately 1 hour 

Level: Introductory 

Audience: Owners/Agents, Site Staff, Syndicators and Investors