How do I model selling my home in a future year?

Edit the property in REAL ESTATE and enter its planned sale date. Review its current value, growth assumption, cost information, selling commission and tax-treatment fields. Save and inspect the estimated net proceeds.

Enter and link its mortgage in LOANS before relying on the estimate. In TIME MACHINE, a linked mortgage is paid off when the property is sold, with any modelled prepayment penalty. The remaining proceeds reach cash flow after the applicable costs and taxes.

Deposit PRIORITIES determine where excess proceeds are invested. Contribution room can limit deposits to registered accounts, so you will usually need a non-registered account to receive the proceeds.

If all or part of the proceeds will be used to buy another property, enter that purchase as a separate future REAL ESTATE entry.