Standard bookkeeping courses will not cover the detailed needs of real estate accounting, such as using a HUD statement to record a proper journal entry for investment real estate acquisition or sale.Hope this helps!

He told The Wall Street Journal that within a year he wants rates to be "1% and maybe lower than that".

If you have a specific transaction or HUD-1 you're stuck on, describe it (or post a redacted screenshot) and I'll walk you through the journal entry.

It's intuitive and simple to use, but requires some accounting knowledge if you want to properly track the purchase and closing expenses when acquiring or selling a property, since you'll need to create journal entries.If you have one property, tracking all related income and expenses in a spreadsheet is manageable, but this is not a good idea when running multiple properties.

@Naresh Yegireddi- This is above my pay grade but I was reading an article in the Wall Street Journal today about how the highest-earning 10% of Americans account for more than 50% of consumer spending. 

Two practical steps: treat the transfer as an intercompany sale at fair market value with a simple bill of sale (consult your CPA to record it properly on both LLCs' books), and book the cash-out proceeds as a loan repayment or capital return to LLC #1 so it stays clean for taxes.What's the appraised value at refi and how much cash came out—that'll help pinpoint the exact journal entries?

He pointed me to a Journal of Accountancy article written in 2006 😂

Navigation isn't where am I and how do I go to this*, it's State Journalism, which is my invention of, "the continuous recording of active data identities and their derived surfaces, independent of routing or UI layout."

Leeds has a diverse mixture of properties, from low-end to high-end.Here is a recent Birmingham Business Journal cover story about areas primed for growth:http://www.bizjournals.com/birmingham/print-editio...

It appears to have settled in Georgiawhere the Atlanta Journal Constitution revealed that they took to increasing rent to “as much as $2,000 a monthfor a three-bedroom apartment that previously rented for hundreds of dollars less”.Tides Equity landed in hot water earlier in 2023 when it announced the possibility of a capital raise from itsequity partners.