Reimburserments are income only if you did NOT make a purchase as part of the shop. Reimbursements for expended funds are of course a wash as they do not increase net income, which is what is being examined by a lender.
Then again you probably knew that already
Art
Flash Wrote:
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> Claiming self employment income is appropriate,
> but it would need to be verifiable for most
> lenders to take it into consideration. A
> reasonable verification in, for example, a house
> purchase is that most mortgage lenders want a copy
> of the last two years of your tax returns. Thus
> your Schedule C income would be verified that way.
>
>
> For most of us that would be somewhat of a joke
> because a major benefit of shopping is the
> reimbursements, which are not taxable as income.
> And by the time appropriate deductions are taken
> for mileage and other allowable expenses, there is
> very little net income left on paper.