On Tue, Apr 16, 2024, 10:49 john <jra...@ceridwen.us> wrote: > > > > On Apr 14, 2024, at 17:45, Oleander via gnucash-user < > gnucash-user@gnucash.org> wrote: > > > > Hello, > > is "Housing" a proper account name if I want to include only my > apartment expenses like Rent/Mortgage and Repairs&Maintenance? I'd like to > record my Utilities expenses separately within another account so that my > "Housing" account adds up only the expenses related to the building. > > > > If not, what would you use? > > Rent is an expense but if you're renting then maintenance should generally > be the landlord's responsibility.
If you are the owner and renting out the property, then rent is income. A mortgage means you own the place and the payment gets split up into one > or more expenses (at least interest; maybe insurance, fees, and others > depending on the terms of the loan) and principal payment that reduces the > loan amount. Property owners also need to distinguish between maintenance > and improvements: The latter increase the value of the property, the former > are an expense. > > Regards, > John Ralls > > _______________________________________________ > gnucash-user mailing list > gnucash-user@gnucash.org > To update your subscription preferences or to unsubscribe: > https://lists.gnucash.org/mailman/listinfo/gnucash-user > ----- > Please remember to CC this list on all your replies. > You can do this by using Reply-To-List or Reply-All. > _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
