How to Calculate Assets and Income (AHA650P)

  • Product Format
  • Pre Recorded Webinar
  • Presenter(s)
  • Debbie Hixon
  • Conference Date
     
  • Wednesday, December 7, 2016
     
  • Aired Time
  • 12:00 am ET - 11:00 pm CT - 10:00 pm MT - 9:00 pm PT
  • Length
  • 90 minutes

Tips and Strategies to Calculate Assets and Income, Inclusions and Exclusions to Determine Accurate Rent.

It is the owner/agent's responsibility to ensure that the correct rent is being calculated for all tenants. There are many factors that must be considered for that to happen. A tenant may have assets that need to be included in order to calculate their correct income.

This session by expert speaker Debbie Hixon will talk about what you can include as an income and what shouldn't be included so that you can determine the correct rent. Though your software does most of the things for you when it comes to HUD compliance and correct rent calculation, it is important for you to understand the way it is achieved without the help of software. This webinar will also include discussions on what should be included and what shouldn't be included as income in order to determine the correct rent for your tenants.

Learning Objectives:

  • What are the income exclusions?
  • What is required if rental income needs to be calculated from real estate?
  • How do you calculate trust funds?
  • How do you calculate annuities?
  • What do you do with balances held in retirement accounts?

Who Should Attend

  • All those doing the calculating for the 50059 form in HUD-subsidized Multifamily House Projects.
  • All those putting data from their calculations into the 50059 form in HUD-subsidized Multifamily House Projects
 

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About the Presenter(s)

Debbie Hixon is the president and Owner of Hixon Training & Consulting, LLC with over 25 years in the Affordable Housing Industry.  Hixon travels country-wide to present training on HUD topics.

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