Lifetime Planner - updating asset income "todays value" question for old acquired items

I want to update income amounts associated with rental property assets that are included in my lifetime planner model, where these assets were purchased several years ago. I am unsure if the income value I enter (screenshot attached), in "today's value" is back-dated to the purchase date (2011 in this example) or are applied from "today's" date going forwards.

With the annual inflation, very different cash flows would result and I am not sure if I should adjust the current actual value back to its purchase date equivalent before entering here (hopefully not).

I have a similar question to the asset expense entry (which also has a "today's value" note in its screen), but I assume the same answer should apply to both.

Thanks in advance

Best Answers

  • GRH
    GRH Member ✭✭
    Accepted Answer
    Got it. I kinda thought that was the right answer, but wanted to confirm.

Answers

  • GRH
    GRH Member ✭✭
    Accepted Answer
    Got it. I kinda thought that was the right answer, but wanted to confirm.
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