Updated over 5 years ago on .
How to categorize closing costs in TenantCloud
From down payment, to deed recording fees, to lender's title insurance, I need to know the correct way to categorize the line items of a HUD-1 statement. I realize most costs aren't tax deductible or capitalized, I'm not asking about that. This is for general accounting purposes, not for translating to a Schedule E tax document. Thanks.