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Alpha Teach Yourself Bookkeeping in 24 Hours by Carol Costa

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Hour 23

Real Estate

Chapter Summary

In this hour you will learn about…

  • Contractors
  • Real estate sales
  • Property management

Real estate is an industry that includes a multitude of income-producing activities. Real property is developed, constructed, and bought and sold every hour of every day all over the world. All of this activity must be recorded and financed. So, it is easy to understand why real estate provides many employment opportunities for bookkeepers.

 

In this hour, we will discuss three of the busiest and most lucrative business operations in the real estate field and explain the procedures and tasks required by each.

Contractors

General Contractors (GCs) often purchase large parcels of land to develop into residential areas. Everyone is familiar ...

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