QUESTION:
I am entering property Taxes paid by the lender.
I am also trying to enter the taxes I paid on the properties with no mortgages on them.
Please show how to do this also both in Investor Books and Tenant Tracking
ANSWER from Mike:
Great Question! This happens every year and in some states twice or more per year.
On Escrowed Funds held by your Lender is simple
STEP 1: Click the Accounts Speed Button Click to Access Video or Read More
How to Properly Enter
a $2,000 Earnest Money Check Paid to You
If You are a Licensed Real Estate Agent, You will deposit it into your Broker’s Escrow Account
QUESTION:
Hey Mike,
I am doing a wholesale deal. I will be doing a double close on it.
I received a $2,000 non-refundable deposit (EM but paid directly to me).
How do I enter a transaction like this. I tried to look it up on the videos but the link is broken. Thanks for the help
I tried to look it up on the videos but could not find this one.
Thanks for the help
Anthony Cordova
Registered Active Single User License
7 min video
How To Set Up Your Escrow Accounts for Your Mortgage Payments
short 12 minute video shows you how to do it
CLICK the Lower Right Corner to VIEW LARGE
Year End Escrow Analysis
your money held by lender
to pay property taxes, insurance, and/or HOA fees
also includes changing your monthly payment if needed
This article or video is for members only!
Thursday, February 21, 1:06 pm
