Translation: if you finance deals, more of that interest is deductible, which cuts down taxable income.QBI Deduction (20%) – Real estate held through pass-throughs (LLCs, partnerships, S corps) may qualify for the 20% Qualified Business Income deduction.

Then, for transactions such as a distribution from a property manager or cash to close from a HUD statement where there are many transactions behind the 1 transaction your bank account sees, we translate those transactions into QBO via a journal entry and match the journal entry to the bank feed transaction.If I understand correctly, it seems like this is what you're going for. 

Does anyone in here have a subscription and can translate the legal jargon to explain what is REALLY happening now?

Translation: softer labor data may give buyers improved affordability as mortgage rates ease.🏡 Existing Home Sales Edge LowerExisting home sales slipped 0.2% in August to a 4M annual pace.

This efficiency translates directly into higher investor returns, since every dollar saved on rehab accelerates NOI growth and appreciation.I specialize in acquiring value-add properties in good locations, where unit upgrades drive rent growth.

Creative financing and partnerships are great next steps, and your business experience will translate well.Looking forward to seeing what you build.

Love the hustle — your background in flipping and marketing is going to translate really well into finding off-market deals.

If you listen to the news, you would believe that when the Fed cuts interest rates, it would directly translate to a decline in mortgage rates.

It’s important to remember that lower interest rates don’t always translate into higher prices.

While these figures may not translate today, I'm sharing to say that you absolutely can make it happen and as others have said, Chicago is a great place to do it.