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 | |
|---|---|---|---|---|
| New to STR, need a little accounting help | 1 | 1030 | March 22, 2022 | |
| How to account for Down Payment in Transactions | 4 | 1406 | October 30, 2023 | |
| How to record earnest money? | 3 | 2071 | August 17, 2023 | |
|
Paid down mortgage affecting my cashflow and return
|
0 | 312 | February 28, 2023 | |
| Tracking for a cash-out refinance | 1 | 483 | April 12, 2021 |