Hud-1 Buyer's Closing Statment

[Jason Vandermark]

Ok I have a question recording buyer's closing statement. Once I finish entering everything in, I have a negative amount in my property tax account. Is this correct? If so when will it zero out?

I wrote a check for $23,666

Property : 185,000

Property: 1005  Title services

Earnest Money: -1000

Property Taxes: -3449.09 01/01/2016 to 06/20/2016

Mortgage: -148,000

Prorated Rent: -1304.91

Loan Costs: 2,085

Security Deposit: -3670

Owner Equity: -7000

Thanks for the help.