Re: How to Handle Line of Credit

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Subject Author Date Re: How to Handle Line of Credit John Pollard 05-01-2009
Posted by John Pollard on May 1, 2009, 10:03 am Please log in for more thread options Hank Arnold (MVP) wrote: > Just got a Home Equity line of credit approved. What's the best way to > handle it? A loan or debt? If you can't download transactions to the account, my guess is that a liability account is better since a liability account can be linked to the home asset account. But Quicken won't download to liability accounts, so if your financial institution provides downloads (Direct or Web Connect) for the account, and you want to use them, you're stuck making it a credit card account. [If your fi provides QIF file downloads for the account, you can still import QIF files into liability accounts with no restrictions.] -- John Pollard Similar Threads Posted Re: How to Handle Line of Credit May 1, 2009, 9:13 am how do I setup a Home Equity credit line?? September 1, 2006, 7:49 am Quicken on line? September 29, 2006, 9:28 am Is this list off line? October 27, 2006, 9:14 am Quicken On Line February 18, 2008, 10:59 am Re: Turbotax 1040 line 71 January 20, 2007, 1:51 pm On-Line Version of TurboTax January 21, 2007, 9:06 am ? On-line portfolio problem 1 November 6, 2007, 11:52 am 2 line registers in 2010 November 21, 2009, 4:31 pm Color of highlighted line in a report August 9, 2006, 6:58 pm