Real Estate Accounting: Second Edition

Author: Steven Bragg


Book Description
The real estate professional needs to be aware of the accounting rules for real estate, in order to avoid adverse reporting outcomes. Real Estate Accounting covers the accounting rules for every type of real estate transaction, which can be used to structure real estate deals appropriately. The book covers the accounting for retail land sales, real estate sales, property exchanges, and the sale of time-share intervals. It also reveals the related financial statement presentations and accompanying disclosures. In addition, it describes the accounting related to the rental of property, and investments in real estate ventures. In short, this book is the go-to reference for discerning the proper accounting treatment for a real estate transaction.  [199 pages]

Table of Contents

Part I - Primary Real Estate Activities
Chapter 1. Introduction to Accounting
Chapter 2. Initial Real Estate Costs
Chapter 3. Purchase of Income-Producing Property
Chapter 4. Real Estate Sales
Chapter 5. Retail Land Sales
Chapter 6. Nonmonetary Exchanges

Part II - Specialized Real Estate Activities
Chapter 7. Time-Sharing Activities
Chapter 8. Rent Topics
Chapter 9. Asset Retirement and Environmental Obligations
Chapter 10. Real Estate Ventures
Chapter 11. Housing Associations