Trying to figure out how to record & categorize expenses that go towards\nrepairs and improvements of my home. Looking at the type of expenses,\nit looks something like this:\n\n1. Major jobs such as painting, chimney repair etc.\n2. Minor repairs (buying things from Home Depot etc)\n3. Buying equipment for yard maintenance etc.\n\nI was about to set up a sub-categories like this:\n\nHousehold : Maintenance\nHousehold : Repairs\nHousehold : Tools\n\netc. which roughly matches the type of expenses in #1, #2 and #3.\nHowever, in setting up the categories, Money online help hints that home\nimprovement and repair expenses should be tracked under the asset\naccount...I'm confused by that.\n\nSo if I paint the house, should that be recorded as in "Increase" in the\nasset account, i.e. a transfer from my bank account to the home account?\nOr should I just go ahead and create the Household : Maintenance\ncategory and record it as an expense? Money seems to show those\nexpenses on House View page.\n\nI'm using Money 2004 if it matters.\n\nThanks.