Rental Property (Asset / Condo) sold -- when to close the account in Quicken?

Question

currently using Quicken HBR to manage some rental property and last year we sold a condo.  The Closing Statement line items were entered into Quicken and all is good in that front.  I have the condo as an asset account (house) in Quicken with a $0 value.  I don't anticipate any further activity in this account (closing was in Dec 2020).  Quicken is still asking me to update the value for this asset (showing the little blue clockwise arrow).  Should I simply "close" the account under the Edit Account Details window?

just curious if anyone has any Lessons Learned or other experiences on similar situation.  Thanks!

Beijing Mac · Answer

and I also do not sync or use the Quicken Mobile.  Had a corrupt data file issue a few years ago due to a glitch quicken had with  Mobile and will endeaver to never try that again, was a big scare and realized I don't need the mobile / web sync isse.  My data file too  valuable to risk that corruption scare again.

Beijing Mac · Answer

hi Chris, thankyou for the feedback.

Here is the image I see:

I did try to reset Zillow Updates, to see if it may let me "reset" the icon.... here is what I got:

you've got to love it!

I'm not going to worry about it for the time being, most likely sometime in the next few months, I will simply close the asset account since it was covered in last year's taxes and there will be no further activity.  Just one of those little nuances of Quicken, IMO.

thanks!

Chris_QPW · Answer

Just to confirm is this the icon you are seeing?

This is the Zillow reminder to update, and what I believe you are talking about.

As a test, in a copy of my data file I tried the close account just to see if it will in fact clear this out and here is what I got (mind you I don't sync to Quicken Mobile/Web).

What happened is this.

So "maybe" this icon will "cancel out" the other one, I don't know would have to wait the period of time before the reminder was due again.

I think what I would try since I don't like closing accounts, would be to turn on the Zillow estimate, then make sure that the reminder is set to off, and then turn off the Zillow estimate.  I think that might do it.