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Support for 3 Houses

Submitted by casey@shawus.com on 7 January 2010 - 8:51am

I currently have 3 Homes and I am looking for the best way to model this in ESPlanner.

1) Primary Residence with Mortgage
2) Vacation Home with no Mortgage
3) Retirement Home with Mortgage

The plan is to:

1) Tare down and build a new home on the Retirement Property starting in 2010 through mid 2011.

2) Sell the Primary Residence in 2013 at which time the Retirement Home becomes the Primary Residence

Which House is best to put into the model as Real Estate?

How can we model the building loan over the 16 month building period?

‹ entering data for the first time Real Estate Detail Report ›
Submitted by Lowell Williams on 9 January 2010 - 8:30pm.
1

You can't use "change of homes" in the Primary Residence page since you're moving?

Submitted by Dick Munroe on 10 January 2010 - 8:26am.
2

I think he currently owns the retirement residence and is using one of the 3 as an income property.

Best,

Dick Munroe

Submitted by casey@shawus.com on 29 January 2010 - 2:47pm.
3

The Issue is that I own 3 homes, none are used for income. Esplanner only supports 2 homes at this time.

Additionally I intend to tare down one home and rebuild a new home on the property.

Then I intend to sell my current Primary residence and shift my primary Residence to the property with the newly built home.

How can I model this in Esplanner today?

Are their any plans to add support for three homes to the application?

Submitted by Dick Munroe on 30 January 2010 - 8:05am.
4

No plans or 3 homes, but you might be able to figure out something clever with the real estate feature. No suggestions off the top of my head, but that's where I would start.

Best,

Dick Munroe

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