Page 9 of 23

Home and Real Estate

Real estate affects net worth, housing expenses, property tax growth, and major life transitions such as downsizing or relocation. Enter properties on Home and Real Estate (finplanner__FinPlan_Real_Estate__c).

Real Estate Type values

Real Estate Type	Typical use
Primary Residence	Current home with market value, mortgage, and carrying costs
Future real estate purchases	Planned home buys with down payment sources and purchase timing
Other owned real estate	Rental properties, vacation homes, and other holdings

Field groups

Value and timing

Current Value / Real Estate Value — Market value assumptions
Date of Purchase / Date of Sale — Acquisition and disposal timing
Initial Year — Plan-year context for future purchases

Mortgage and payoff

Mortgage balance, APR, term, and payment schedule
Payoff Account — Source account for mortgage payoff
Payoff Date — Planned mortgage retirement
Refinance fields where exposed in the property modal

US and Canada tax context

US Section 121 Qualifies — Primary residence capital-gains exclusion (US)
PR Designation From / To — Principal residence designation period (Canada)

Rental and income

Rent Monthly and Annual Rent Increase Percent
Operating expense assumptions where applicable

Reverse mortgage

Reverse Mortgage Start, payout type, and growth rate on the property
Plan-level Reverse Mortgage Expected Rate and Reverse Mortgage FHA Limit in Plan Preferences

Sale proceeds

Sale Financial Account — Destination for net sale proceeds
Estimated Selling Costs Percent, Capital Improvements, Adjusted Cost Basis

Mortgages and payoff accounts

Link mortgage balances to the property. Specify payoff accounts or mortgage payment money flows where the UI exposes those fields. Property tax growth can follow the Property Tax Growth Rate in Plan Preferences → Rates.

Housing optimism rate

Optimistic Housing in Plan Preferences adjusts long-term housing cost growth relative to baseline inflation assumptions.

Real estate and net worth charts

Property values roll into Current Net Wealth on Overview and Net Worth - Current / Net Worth - Projected under Insights. Major sales appear as events in Milestones and cash flow views.

Future purchases are sensitive to linked-account funding. If the health panel reports an underfunded purchase, increase source account balances or adjust purchase timing before client delivery.

Tip: If the household rents, you may model rent through Expenses rather than adding a property row—choose the pattern that matches how you model housing costs.