Multiple Bank Accounts and Rental Properties

[ronroberts]

Hi,

I have multiple bank accounts and several rental properties (one account per property). What I would like to be able to do is input each rental property as an investment (asset account) and show the amount of equity each month.

I would also like to be able to tie all accounts together, as well as all properties together and be able to produce a portfolio account.

Is this possible?

Thank you.

Ron Roberts

[mthadm]

Hello,


Unfortunately My Money does not support grouping of Accounts at this point, so there is no way to produce group reports or perform group analysis for example

Your best bet is to produce regular reports and then export them into Excel which would allow you to produce pivot tables

Tracking of the equity is not automatic, you can automate the payment part of it, i.e. designate a to where the principal is going to as an equity account, but you will need to adjust the market valuations manually once or twice a year by entering a catch up ledger entry


Thanks,