Homeowner Account

[Sujit Mathew]

You would have to consider your house an investment
held at cost...and use a mortgage liability on the
credit side. 

Any mortgage pymts should be separated by monthly
interest and principal payment. You should make it tax
related expense.

If you do appraisals on your house...use a valuation
account. Such as...Fair Value Adjustment on House

--- Andreas Guther <Andreas.Guther at guther.com> wrote:

> Hi:
> 
> Where can I found information on how to organize
> accounts to book a 
> recent house purchase as well as the monthly mortage
> payments?
> 
> Thanks in advance for any hint.
> 
> Regards,
> 
> Andreas
> 
> 
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