How to record the sale of a house in Quicken

Doug Dubowski

I have Quicken Home and Business and have recently sold my house and bought another one. The original house was listed in quicken as an asset. How to do I record the sale of that asset (the sold house) and the proceeds of the sale into the various cash transactions (and affected accounts) that took place?

Thanks

Doug

Quicken Kristina

Hello @Doug Dubowski,

Thank you for reaching out with this question. You should be able to document the sale in the asset account register, and transfer the value to the appropriate accounts using either multiple transactions or a split transaction.

If you're wanting to track the associated cash transactions in Quicken, and the transactions wouldn't be adequately captured in any of your existing accounts, you can create one or more cash accounts. You can do this by navigating to Tools>Add Account, selecting the Other Assets & Liabilities tab, selecting Cash, then following the prompts.

I hope this helps!