I am a bookkeeper and would like to know that I'm booking things right in QB for the real estate industry. Is there any practical guide out there which will show me how to:
- book sale and purchase HUD
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book property tax payments (possibly from escrow account)
- Booking refinances
- Booking construction loans and keeping track of the amounts drawn and still available.
- Rehab: capital improvement vs. repairs and maintenance
-
mortgage checks (applying payment to escrow, principal interest etc)
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Book loans- incoming and outgoing
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Partnerships- contributions and draws.
