I own a building lot on which I hope to build a retirement home. On the other hand I may decide to sell the property. It's value has appreciated substantially. I would consider this to be an asset but I can't see how (where?) to specifically enter it into the program. How can/should I do this?
Disclaimer: ESPlannerBASIC, ESPlanner, ESPlannerPLUS and ESPlannerPRO, are educational calculators designed to give users input in mapping out financial futures, but should not be acted upon as a complete financial plan. The creators of these programs are not certified, registered, authorized, or any other type of financial planners. These programs are simply tools for helping you think through economic futures. Its "recommendations" should be viewed as informative inputs into your own decision-making with respect to saving and the purchase of life insurance. ESPlannerBASIC, ESPlanner, ESPlannerPLUS and ESPlannerPRO provide neither economic, financial nor tax advice, which can only be delivered to you by authorized professionals.
RSS
If the property has a mortgage, expenses, etc. then use the rental property or vacation home area. Otherwise, just use special receipts if you are only accounting for the special income and its tax consequence.