https://www.argusleader.com/story/news/business-journal/2017/08/16/fewer-people-working-finance-insurance-jobs-sioux-falls/569729001/Account Closed, I realize now that this article is 3 years old, so take it with a grain of salt. 

Issue 1  - QBO isn't DESIGNED for real estate transactions per say, so it takes journal entries which require you really know the accounting impcat Issue 2- If they don't realize what your deal really is/ means from a taxable standpoint, they will likely set it up wrong  

Wall Street Journal and The Economist are good ways to know what cycle we are in and how to move forward.

Very Good article this morning in the Austin Business Journal about Hays County/Kyle Area. 

Here is a possible journal entry for the borrower when receiving interest cap premium payments:Initial receipt of interest cap premium payment:Debit: Cash (or a specific cash account) - Increase the cash asset accountCredit: Unearned Interest Cap Premium (or a liability account) - Record the liability for the received premium paymentRecognition of interest expense over the term of the interest cap agreement:Debit: Interest Expense - Recognize the portion of the premium related to each accounting period Credit: Unearned Interest Cap Premium - Reduce the liability account as the premium is recognized as an expenseWhen a borrower first buys a cap rate it goes on the balance sheet (asset)  instead of the income statement right?

I'm literally in my second loop journal after hitting this limit lol.

The first hour of my day consists of meditation, reading, journaling, visualizing goals, and affirmations.

Here is a possible journal entry for the borrower when receiving interest cap premium payments:Initial receipt of interest cap premium payment:Debit: Cash (or a specific cash account) - Increase the cash asset accountCredit: Unearned Interest Cap Premium (or a liability account) - Record the liability for the received premium paymentRecognition of interest expense over the term of the interest cap agreement:Debit: Interest Expense - Recognize the portion of the premium related to each accounting periodCredit: Unearned Interest Cap Premium - Reduce the liability account as the premium is recognized as an expenseWhen a borrower first buys a cap rate it goes on the balance sheet (asset) instead of the income statement right?

Another great place to look is in the trade journals and press releases for announcements of recent deals.

My fiancé has a Happiness Journal that she's been writing in for years and this has inspired me to try it myself.