Not because of QuickBooks, but because of general principles of REI bookkeeping.

I try to run my business based on those principles.

While I am making 3 mortgage payments for over $14,000 a year, about 2/3rds of that is principle, equity.

This is both CYA and principle.

Some people call it the KISS (or K.I.S.S.) principle.

One of the principles was indicted.

In Texas the requirements are two principles of Real Estate core real estate coursess , law of Agency, law of Contracts and an an additional core course.The community college where I live offers the principles I & II online and the rest class room courses.

If I'm not reimbursed, I will be out about $2,400 when all is said and done, but it's the principle that this mom and pop company is blatently ripping off owners of the 135 houses and apartment buildings they manage.

I'll give you a hint, most of this ends up in the public record and what doesn't can be obtained from the principles for a few $.I have the paperwork in front of me from a "sub3" deal in TX.

Apply that savings to the principle of your first mortgage balance and WALA - you reduced your principle without having to make more money.That of course is a basic simple example and there are several other ways to apply the concept to essentially pay off your mortgage faster.More over, these types of programs (Ufirst for example) are helpful for some to manage their money more efficiently as they can not seem to do it on their own.