performance measure on unrealized gain


D

DC Gringo

I have an investment account set up for a real estate partnership I'm in. I
had a distribution of $y,000 which was completely reinvested. I have no
"securities" set up on the assets that we buy and sell. I'm just added an
_UnrlzdGain transation.

My problem is that it doesn't show up in my Investing Center view screen as
Gain/Loss or Gain/Loss %.

How can I make that happen?
 
F

Fred Smith

In order to have an investment account, you must have entered a security.

As you said, you received a distribution. So process it as such. The correct
Action is ReinvDiv.
 
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D

DC Gringo

Fred,

So are you saying that I should enter each house we acquire (and sell) as a
security?

How is this possible as Quicken asks for a stock symbol.

Then, how would I handle expenses? Perhaps with Misc Expenses transaction?

_____
DC G
 
F

Fred Smith

It doesn't look like we are communicating.

You said you had an investment account. But how do you have an investment
account without a security? Do you just enter transactions into the cash
portion of the account? If so, then why not use an asset account instead?

In your first post, you said you had a real estate partnership. But in the
next post, you said you acquire individual houses. Which one is it?

If you have a partnership, I would set it up as a security. There's no
problem if it doesn't have a symbol -- Quicken does not require it. Lots of
people have securities for their own private companies. Then treat this like
a stock -- you receive dividends, you purchase additional shares, you can
value it (manually) periodically.

If you actually own the real estate, I would set this up as an asset
account.
 
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D

DC Gringo

Fred, thank you for your assistance, you've been very helpful.

Yes, it's an investment account. I am involved in a real estate partnership
that buys and sells houses. I am trying to integrate that a bit in my
Quicken so I can keep track of the assets' performance at a high-level with
just buy, sell, and overall expense transactions. (without having to go into
the Quickbooks company file and combining the two outputs for a snapshot).

If it becomes a pain, then I suppose I can just make the whole set of assets
(all housing projects) one security and track it that way.

I am close to pinpointing the problem. I put in a security (buying 1 share
at $10k for example, and selling 1 share months later for $12k). It shows
up in Capital Gains reports, but not in the Performance tab's Avg Annual
Return (1y, 3yr, 5yr). Strangely enough, my Legg Mason account shows up,
but neither my Scottrade or real estate partnership accounts show this Avg
Annual Return. Again, everything shows fine when i run a separte Capital
Gains report.

_____
Glenn
 

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