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QuickBooks for Real Estate – Wholesale Deal

Posted on December 10, 2012March 16, 2022 By Mike Butler

QUESTION from Kyle:

Hi Mike,

Love IBP!! (Investor Books Pro System)

I've been doing some co-wholesaleing deals where as I receive a 30% check of our NET wholesale fee.

How would you prefer to enter that into IBP beings that I don't have any closing statements or anything?

Which label/class would you put on it so it records it as profit correctly?

Thank you sir.

Regards,

Kyle Weimer

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