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Updated over 4 years ago on . Most recent reply

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Self employed and looking to refi.

Tonya Rasmussen
Posted

Going to redo either November or January depending on taxes.

I am wondering if the QBI deduction is added back into income calculations like depreciation when qualifying for a refi.

Thanks

Also open to references for brokers who are experienced working with self employed investors.

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Chris Mason
  • Lender
  • California
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Chris Mason
  • Lender
  • California
ModeratorReplied
Originally posted by @Tonya Rasmussen:

Going to redo either November or January depending on taxes.

I am wondering if the QBI deduction is added back into income calculations like depreciation when qualifying for a refi.

Thanks

Also open to references for brokers who are experienced working with self employed investors.

 Play with this for your answer: 

https://new-content.mortgageinsurance.genworth.com/documents/calculators/Training%20Form%2091%20(2017-2018)_12413401.pdf

  • Chris Mason
  • Loading replies...