So, I am about to take a stab at arguing with my examiner about their interpretation of CRA's gross revenues.

But I was hoping to inquire with the BOL Gurus and others of their interpretation of the CRA GIR regarding Section .42(a)(4) concerning gross revenues as a sounding board.

There's one particular sentence that I am hoping to confirm I am on the right path -

Can anyone better explain the "However, if the institution considered and relied on revenues of a cosigner or guarantor that is not an affiliate of the borrower, [/b]such as a sole proprietor, [b] the institution should not adjust the borrower's revenues for reporting purposes?

I found instances where a loan for working capital for an individual who buys/sells/rents real estate has the LO combining the gross real estate sales on the schedule C with the rental businesses gross rents on the schedule E. Is this in error?