Real property appreciation

Beth Leonard beth at oasis.slimy.com
Mon Nov 21 02:02:57 EST 2005


On Sun, Nov 20, 2005 at 07:04:54PM -0800, Steve Drach wrote:
> I suspect my fixed assets are appreciating somewhat, so rather than  
> carry them at initial value, I'd like to add an appreciation factor  
> (3%??).  If I do so, where does the "money" come from?  It's not  
> income is it?  Do I make an equity subcategory for appreciation?  Any  
> suggestions? 

I believe it comes from "unrealized gains" see the thread at:
http://article.gmane.org/gmane.comp.gnome.apps.gnucash.user/15261

And unrealized gains from the tutorial:
http://www.gnucash.org/docs/v1.8/C/gnucash-guide/capgain_example1.html#capgain_exampleunrealized2

--Beth 
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+                             Beth Leonard                          +
+       O say, does that star-spangled banner yet wave              +
+       O'er the land of the free and the home of the brave?        +
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