Linking Home with Existing Mortgage as Asset for HELOC

Chris4577
Chris4577 Member ✭
edited July 2022 in Manage Accounts and Transactions (Windows)
Hi. I can't be the first one with this question, but I can't seem to find an answer. I have my home as an asset account on Quicken. My home has a mortgage, also an account on Quicken. The asset linked to my mortgage account on Quicken is my home. I just opened a HELOC. I am also tracking that on Quicken. The asset for the HELOC is (you guessed it) my home. When I try to link my Home as the asset to the Quicken account for my HELOC, it says "Name Already in Use" and won't let me add it. I can't imagine that i am the only one out there with more than one loan on a home. How do I manage this?
3
Up
3 votes

New · Last Updated

Comments

  • UKR
    UKR SuperUser ✭✭✭✭✭
    The link from a loan to a house asset account is one-for-one only. At this time, you cannot link multiple loan accounts to one house account.
    This sounds to me as if an update to Quicken to support linking multiple loan accounts to one house asset account might be an idea. I'll see if I can get a Community moderator to change this discussion into an idea.
  • Quicken Jasmine
    Quicken Jasmine Moderator mod
    edited July 2022
    Hello @Chris4577,

    Thank you for taking the time to reach out to the Community with your request.

    I went ahead and changed your post to an Idea so other users who have the same or a similar request can vote on your idea by clicking the up arrow (see below).


    Ideas are also reviewed by our Development and Product teams in order to improve Quicken and implement new features requested by customers.

    Please, be sure to add your own vote as well!

    -Quicken Jasmine
  • ajivener
    ajivener Member ✭
    I voted up your idea, but here is the official response if you hadn't seen it.
    https://community.quicken.com/discussion/7907583/why-am-i-unable-to-link-my-home-asset-account-to-my-heloc-liability-account

Categories