Hi Sherilynn, Thanks for the detailed reply. I now understand the difference in the two choices with regards to accounting, and the respective ensuing connection to the contract engaging the Optionee. I will look into Barry McGuire's literature as you suggest as well.

Hi Everyone, I am new to the REIN family. I'm seeing a lot of controversy regarding the accountIng of the credit installments on an RTO. Are these installments treated as income or trust deposits during the interim period prior to formal verification of deposit for the lender? Many articles from...