On Tue, Oct 10, 2017 at 11:34 AM, yegle <[email protected]> wrote: > When you buy a house > > 2000-01-01 * "buy a house" > Assets:Bank:Account -100,000 USD > Assets:House 1 HOUSE @100,000 USD > > When you spend money improve it > > 2001-01-01 * "remodel" > Assets:Bank:Account -1000 USD > Assets:House 1000 USD > > In the end when you sell the house > > 2002-01-01 * "sell" > Assets:House -1 HOUSE @200,000 USD > Assets:House -1000 USD <-- manually specify all the cost you spent on the > house so the balance would be 0 after this transaction > Assets:Bank:Account 200,000 USD > Income:House:PL <-- absorb unbalanced numbers here, this is your > profit/loss from the buying-selling of the house > >
Thanks for the suggestion. It seems like that would end up double counting improvements when the price gets updated. For example, instead of a selling the house on 2002-01-01, suppose it gets appraised for $105k: 2002-01-01 price HOUSE 105,000.00 USD That price will take into account the improvements, so I'd be counting them in both asset price and the 1000 USD balance in Asset:House. I could adjust that account whenever the price gets updated to incorporate the new information, but then I have the same problem of what account to book it against. -- You received this message because you are subscribed to the Google Groups "Beancount" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To post to this group, send email to [email protected]. To view this discussion on the web visit https://groups.google.com/d/msgid/beancount/CAN3-EDXK-cYxErV-6EZfKiRUFQg%2BJc1ifS4kg6qw6DrGpeaF5A%40mail.gmail.com. For more options, visit https://groups.google.com/d/optout.
