How to document the sale of a property in Property Tracker

How to document the sale of a property in Property Tracker

In the INPUT DATA > SELL section of Property Tracker the question is asked 'Has this property been sold?' and once you click the YES dialog box additional SALE DATE and SALE PRICE fields become visible which will allow you to enter and save their appropriate values.

Please note that there are additional steps to record the sale after you submit this form. Be sure to also:

1) Go to the INPUT DATA > MORTGAGE page and pay off each of the loans associated with this property.
2) Enter the closing costs from your HUD-1 Settlement Statement in the INPUT DATA > INCOME & EXPENSES page.

Also note on the INPUT DATA > MORTGAGE page that you have to click YES on the "Was this loan paid off early?" dialog box to make the PAYOFF DATE field visible.


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