Buying a property is a significant commitment of time and financial resources. That’s why a property title search is important.
Recording your escrow and mortgage incorrectly creates a series of issues for you as the owner, all of which are significant.
In the Setting up a Chart of Accounts for your Real Estate Management Company blog, we talked high level about setting up a Chart of Accounts for a real estate company. This time we are taking it one step further and we are walking you through the process, step by step for QuickBooks desktop. You […]
Once you have identified a commercial real estate asset to purchase, the due diligence period begins. Verification begins with everything, including taxes, insurance, and common area maintenance (CAM). During the due diligence period, you have a set amount of time to complete any investigations planned. Use this time wisely and leave no stone unturned. You […]
As the topic of tax overhaul comes up on Capitol Hill, another subject is bound to rear its head. That topic is the elimination of the 1031 exchange.