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Old 08-27-2005, 02:19 PM
Tim
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Default Re: Add home appreciation in MS Money 2006

Thanks so much for your input.

Tim

 
Old 08-24-2005, 02:17 AM
Richard Bollar
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Default Re: Add home appreciation in MS Money 2006

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.



  #-1  
Old 08-24-2005, 01:24 AM
Tim
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Posts: n/a
Default Add home appreciation in MS Money 2006

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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