New purchase, usually pay cash, owner finance on this one. Where/how do I record the $30K I put down on property? This will need to be entered to get accurate cash on cash numbers… right?
Related Topics
Topic | Replies | Views | Activity | |
---|---|---|---|---|
How to account for Down Payment in Transactions | 4 | 1047 | October 30, 2023 | |
How to record a personal loan | 1 | 122 | February 8, 2024 | |
What do you categorize down payment on house as?
|
0 | 175 | March 6, 2022 | |
Paid down mortgage affecting my cashflow and return
|
0 | 196 | February 28, 2023 | |
New to STR, need a little accounting help | 1 | 926 | March 22, 2022 |