Proper Accounting for Mortgage Payments
Mortgage payments aren’t exactly an expense- they are a loan repayment, interest expense, and escrow transfer, all at once.
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Mortgage payments aren’t exactly an expense- they are a loan repayment, interest expense, and escrow transfer, all at once.
Your chart of accounts doesn’t have to be complicated- instead think of it as an essential tool for organizing your finances
From saving you money and time to reducing your risk, separating your personal and business finances is the foundation of easier, stress free real estate accounting and bookkeeping.
No credit card required.
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