Mortgage Escrow Account: How to Properly Set It Up
Recording your escrow and mortgage incorrectly creates a series of issues for you as the owner, all of which are significant.
Tag: Taxes
How to Set Up a Chart of Accounts For a Real Estate Company
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 […]
Don’t Miss Items with Common Area Maintenance During Due Diligence
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).
What is the Impact of Eliminating the 1031 Exchange?
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.