<i>Accounting for Real Estate Transactions, Second Edition</i> is an up-to-date, comprehensive reference guide, specifically written to help professionals understand and apply the accounting rules relating to real estate transactions. This book provides financial professionals with a powerful tool to evaluate the accounting consequences of specific deals, enabling them to structure transactions with the accounting consequences in mind, and to account for them in accordance with US GAAP. Accountants and auditors are provided with major concepts, clear and concise explanations of real estate accounting rules, detailed applications of US GAAP, flowcharts, and exhaustive cross-references of the authoritative literature.
By popular request How to Survive Your New Home Purchase has been expanded to include even more information specific to the successful use of an FHA 203K mortgage. Are you preparing to purchase a new home for your family utilizing an FHA 203K mortgage? Then here is the resource you need!You've saved a nice sized down payment. You've picked out a neighborhood with pleasant tree-lined streets and good schools. You've checked out all sorts of amenities. But now, the current real estate environment seems scary. News sources are full of home purchase horror stories. Foreclosures and short sales can turn a dream house into a nightmare. You're not the world's greatest DIYer, nor are you a financial wizard. Now you're real estate agent and mortgage broker have recommended you apply for an FHA 203K mortgage. How to Survive a 203K Mortgage outlines step-by-step how to walk through the potential mine fields of home ownership using this financial tool and come out on the other side as a real estate winner!
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