Trying to figure out how to record & categorize expenses that go towards repairs and improvements of my home. Looking at the type of expenses, it looks something like this: 1. Major jobs such as painting, chimney repair etc. 2. Minor repairs (buying things from Home Depot etc) 3. Buying equipment for yard maintenance etc. I was about to set up a sub-categories like this: Household : Maintenance Household : Repairs Household : Tools etc. which roughly matches the type of expenses in #1, #2 and #3. However, in setting up the categories, Money online help hints that home improvement and repair expenses should be tracked under the asset account...I'm confused by that. So if I paint the house, should that be recorded as in "Increase" in the asset account, i.e. a transfer from my bank account to the home account? Or should I just go ahead and create the Household : Maintenance category and record it as an expense? Money seems to show those expenses on House View page. I'm using Money 2004 if it matters. Thanks.