Purchases, Sales, and Refinancing
The property purchase journal entry - for recent acquisitions
This guide details how to make a property purchase journal entry based on your closing statement. For a general discussion and more context on the concepts below, check out this resource article. These instructions are specifically for properties ...
How to enter a refinance in REI Hub
For many real estate investors, refinancing investment homes is a normal part of the process. Refinancing can help you take advantage of better interest rates for a lower monthly payment, or to pull cash out after the property has risen in value. ...
How to enter a property sale in REI Hub
This article details how to create a journal entry for a recent property sale and enter it into REI Hub. Manual Journals are used for property purchases, sales, and refinances as these are all complicated transactions touching multiple accounts, and ...
Adding property basis - for past acquisitions
This article outlines how to add your property fixed assets and basis to REI Hub for properties purchased before the current accounting period (prior to your bookkeeping start date). For properties purchased in the current accounting period (after ...