I found the information in these links extremely helpful for those of us who are self employed and want to get a mortgage. But have a hard time proving a sufficient income after deductions. This may have already been posted. But in case it hasn't. Here they are.
https://www.efanniemae.com/sf/formsdocs/forms/pdf/sellingtrans/1084.pdf ( fannie mae form 1084, is what UW's use to analyze income)
https://www.efanniemae.com/sf/formsdocs/forms/pdf/sellingtrans/cfa1084instruct.pdf (instructions on how UW's are supposed to use form 1084...Very good information about how and where to maximize the use of deductions that can be added back to AGI)
http://www.professordom.com/ProfessorDomWebsite/Analyzing%20Tax%20Returns/09ScheduleC_Profit_Or_Loss... (more info on how UW's process the 1084. More good information on how and where to maximize on deductions that can be added back to AGI)
If this information is outdated or just wrong, hopefully the mortgage Gurus here will chime in..
5/2009 EQ-504(FICO), TU98-567(FICO), EX- 503 (FAKO)
10/17/11 EQ-633, TU04-652, EX-681 All lender Pulls
10/17/11 TU98-678
12/21/2012 TU98-677 (39% Util)
01/21/2012 EQ - 661 (37% Util) SW Alert