The Journal entry for a loan would be as follows:Cash                                             $30,000Loan from IB Singh                                              $30,000As payments are made you would deduct from the $30,000 principle balance along with any interest paid. 

Keep a sales journal. 

I heard I have to keep a journal or something to keep track of my RE activities, but don't really know any rules or the proper way to do it.

Subscribe to local business journals and E-newspapers.

In today's wall street journal, there is an article about rent control proposals in other places like the the typical spots in California, New York City and now Portland, Seattle,  and others.

Unlawful detainer actions aren't listed in the newspaper, but business bankruptcy's are here in the local business journal.  

Looking at city web pages, researching Biz journals and looking at big brokers web pages can be good.

I've noticed that writing a journal helps me keep a clear mind so, I thought I would apply my journal to the people on this site. 

(Many who were reaping the benefits of this KS tax law change were complaining that they weren't paying enough believe it or not -- if you read the Wichita Business Journal or the Eagle you've likely seen articles to that effect)You can get a better understanding of it if you find the article the Eagle had a  year or so ago relating to KU basketball coach Bill Self taking full advantage of the tax code change.  

Yesterday's Wall Street Journal had an article that the name 'Michael,' having reigned supreme as the #1 boys name for decades, has lost its popularity lately.