Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "Do you include your home equity in net worth ? "
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous]Of course. Our fully paid off 2 homes (in the 2-3M range each) are about 25% of our net worth. They are not liquid assets but certainly part of our net worth. When we die, the kids/estate can choose to sell them and distribute the cash. [/quote] It's not a function of liquidity. Only one of them is your 'home', the other is an investment and should be included in your NW. For your primary residence, include the portion of your home equity that you think is excessive. e.g. If the HE is $3M and you can sell that house and buy another for $1.2 and that's enough, then the $1.8 can be included in your NW if that's what makes you happy. [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
