How do I set up accounts for a mortgage I hold?
MMY
Quicken Windows Subscription Member ✭✭
I hold mortgages and can not figure out how to set up the asset and how to link the payments to me for the principal and interest payments.
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Answers
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Since you are the lender I suggest you go to How do I set up a loan for which I am the lender? [Product Help]. It will walk you through the process of setting up a lender loan....which will be classified as an Asset, not a Loan/Mortgage which is a Debt.
When you go through the setup process you will be given the opportunity to set up an Income Reminder where you can split the category to have lines for Principal, Interest, Taxes, Insurance and any other applicable categories.
Let me know if you have any questions.Quicken Classic Premier (US) Subscription: R59.10 on Windows 11
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