http://www.journalofaccountancy.com/Issues/2013/De...Journal of Accountancy article on RE ProfessionalI'd say it is very important to keep a log. 

For anyone interested in buying or selling a property in Indianapolis, particularly in revitalizing areas such as Fountain Square and Fletcher Place, below is an Interesting article in this week's Indianapolis Business Journal about appraisals (see link).In short, with recent strong demand & price increases in some gentrifying neighborhoods, appraisers are quite cautious to give higher appraisal values for various reasons, including regulatory/legal reasons.Additionally, it is further compounded by the fact that sales prices and property values can change significantly in the matter of a few blocks in Indianapolis, so often it is very difficult for them to find true "comps".  

The Wall Street Journal is reporting that studies by Standard and Poors and John Burns Real Estate Consulting conclude that 70% of loan modifications done will delay but not prevent foreclosures.

Hello,I recently closed on a BFD deal and looking for direction on correctly setting up journal entries, to make it easy at tax time.In a nutshell...We hold a mortgage on the property with a principal of $150k, 4.25%, 30yr amort (liability)The BFD sale price was $300k, with a $45 downpayment, $255k financed at 5.5%, 25yr amort, 3yr balloon (asset).All transactions are run through an escrow agent, and we just collect the net difference monthly (~$325 or so).   

Bartlett has been featured in the Wall Street Journal, Los Angeles Business Journal and on Fox Business.

To help push me towards my goals I started Brandon's 90 days of intention journal.

The wall street journal published a piece suggesting home prices are overprice and will likely fall. 

There was an interesting journal of accountancy article on this recently discussing the potential liability for CPA firms.  

I would like to do two at once.Also, David mentioned when we signed up for Pro we could request a free copy of the Intention Journal by Brandon Turner.

Aggregated journal entries are another option but it would be prudent to maintain a full set of books since I don't have the property management data in-house.