Attention Self-Employed Buyers!  Are you wondering how lenders calculate your income? Each self-employed purchaser is different, but it is likely that a lender will add back expenses such as ‘depreciation’, ‘depletion’, ‘business use of home’, ‘amortization’, & ‘casualty losses.’ Lenders consider these “paper write offs” vs. actual cash from the business.  If you are self-employed, it is important to talk with your lender before you start looking for homes.  Let’s connect & discuss your situation!