Quicken Classic would allow linking a liability (e.g. mortgage) to an asset (e.g. home) so that only the NET value would be included in net worth. Without this, the current Breakdown grossly overestimates Real Estate. Please add this feature.
@pbryn1983, thanks for posting your request to the Community!
We can leave this as an Idea post requesting the ability to link assets to liabilities; however, I wanted to take the opportunity to explain how to accomplish what you're looking for in Quicken Simplifi regarding net worth. To offset an asset with the debt owed, or to offset the mortgage debt with the value of your home, you would just need to have both accounts in Quicken Simplifi (the mortgage account and the asset account), so your total net worth balances out between the two.
With that, perhaps it would be helpful to explain how linking the asset and liability accounts would change the way net worth data is presented compared to how things currently work, so everyone has a clear picture of your enhancement request.
We look forward to hearing back from you!
