HUD Tool for Real Estate Investors
The Bodner & Clark HUD Tool is a specialized solution designed for accountants working with real estate investors, streamlining the process of determining the correct basis and making accurate journal entries. The tool organizes the four key cost categories associated with real estate transactions: facilitative costs, non-facilitative (loan) costs, operating costs, and escrow costs.
Key Features:
Accurate Cost Allocation: Easily categorize and allocate costs across facilitative, non-facilitative, operating, and escrow buckets to ensure accurate property basis calculation.
Automated Journal Entries: Generate precise journal entries ready for your bookkeeping software, reducing manual errors and saving time.
Depreciation & Amortization Estimates: Quickly estimate depreciation and amortization schedules to ensure compliance and optimize tax benefits.
Land Cost Allocation: Efficiently allocate land costs, providing clear insights into property values and tax strategies.
Designed with accountants in mind, the Bodner & Clark HUD Tool simplifies complex transactions, ensures accuracy, and enhances the financial management of real estate investments.
The Bodner & Clark HUD Tool is a specialized solution designed for accountants working with real estate investors, streamlining the process of determining the correct basis and making accurate journal entries. The tool organizes the four key cost categories associated with real estate transactions: facilitative costs, non-facilitative (loan) costs, operating costs, and escrow costs.
Key Features:
Accurate Cost Allocation: Easily categorize and allocate costs across facilitative, non-facilitative, operating, and escrow buckets to ensure accurate property basis calculation.
Automated Journal Entries: Generate precise journal entries ready for your bookkeeping software, reducing manual errors and saving time.
Depreciation & Amortization Estimates: Quickly estimate depreciation and amortization schedules to ensure compliance and optimize tax benefits.
Land Cost Allocation: Efficiently allocate land costs, providing clear insights into property values and tax strategies.
Designed with accountants in mind, the Bodner & Clark HUD Tool simplifies complex transactions, ensures accuracy, and enhances the financial management of real estate investments.
The Bodner & Clark HUD Tool is a specialized solution designed for accountants working with real estate investors, streamlining the process of determining the correct basis and making accurate journal entries. The tool organizes the four key cost categories associated with real estate transactions: facilitative costs, non-facilitative (loan) costs, operating costs, and escrow costs.
Key Features:
Accurate Cost Allocation: Easily categorize and allocate costs across facilitative, non-facilitative, operating, and escrow buckets to ensure accurate property basis calculation.
Automated Journal Entries: Generate precise journal entries ready for your bookkeeping software, reducing manual errors and saving time.
Depreciation & Amortization Estimates: Quickly estimate depreciation and amortization schedules to ensure compliance and optimize tax benefits.
Land Cost Allocation: Efficiently allocate land costs, providing clear insights into property values and tax strategies.
Designed with accountants in mind, the Bodner & Clark HUD Tool simplifies complex transactions, ensures accuracy, and enhances the financial management of real estate investments.