Recording Real Estate in Beancount
Managing real estate investments involves tracking numerous financial activities, including property purchases, rental income, and eventual sales. This guide illustrates how to leverage Beancount, a plain-text double-entry accounting system, to accurately model real estate transactions. By structuring appropriate accounts for assets, liabilities, income, and expenses, readers will learn to document key financial events such as down payments, mortgage servicing, rent collection, and asset appreciation. Whether you’re an experienced investor or just beginning your property journey, this article offers a clear framework for maintaining transparent and comprehensive financial records. ...