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| Thanks so much for your input. Tim |
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| I would create an account called "Unrecognized Appreciation" and I would transfer the appreciation to the house's asset account from this account. When the house is sold, transfer the appreciation back to "unrecognized appreciation" and recognize the gain as income. Also, you need to exclude this new account from your reports, otherwise, you won't see the gain. -- "Tim" <ads[at]theboohers.org> wrote in message news:1124846647.892788.194520[at]g43g2000cwa.googlegroups.com... - quote - > I can't figure out how to add home appreciation without it messing up > my cash flow forecast. > If my house appreciated $1,000, I go to the house asset account and add > it there, but this shows up as 'income' in my cash flow statement. > I don't have this cash, but I want it to show up in my total net worth. > How can I do this effectively? > Any thoughts greatly appreciated. |
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#-1
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| I can't figure out how to add home appreciation without it messing up my cash flow forecast. If my house appreciated $1,000, I go to the house asset account and add it there, but this shows up as 'income' in my cash flow statement. I don't have this cash, but I want it to show up in my total net worth. How can I do this effectively? Any thoughts greatly appreciated. |
| Tags |
| 2006, add, appreciation, home, money |
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