The World of Work Is Changing
Handing New Income and Asset Sources in Affordable Housing
Join Amanda Lee Gross on this webinar to discuss the challenges of “new income.” Learn how to calculate and verify gig income, crypto, and peer-to-peer payment apps.
What is “Gig Income”? In short, gig income consists of non-traditional self-employment from sources such as Uber, Upwork, and Only Fans. Gig workers are paid as subcontractors, and as such, they can deduct eligible business expenses. This can present many issues, including obtaining proper verification, projecting future earnings, and creating proper documentation.
Knowing how to work with new sources of income is a vital skill for affordable housing compliance professionals. Developing a thorough understanding of how to handle self-employment, subcontractor work, and new tech assets will prepare housing professionals for any situation.
This course is part of our LIHTC Advanced Series and includes 2 hours of CE that can be used towards obtaining your HUD, HOME, or RD A.C.E. Designation or your LIHTC HCCP Designation.