Linking - Linking a property to incomes, expenses, or debt

Incomes, debts, and expenses can be linked to directly properties. Once linked, these items will inherit their timing from the property. When the property is sold, the linked income or expense will end. A linked debt would also end, after being paid off using proceeds from the sale of the property.

For example, when an income, such as a rental income, is linked to a property on the Property / Assets screen’s Advanced Settings > Incomes panel, the income will inherit the timing of the property. The start and end events of a property-linked income cannot be edited, which is intentional. By linking the timing of the property to the timing of the income, the assumption is that the income will end once the linked property is sold.

Incomes can be linked to a property on the Property / Assets screen’s Advanced Settings > Incomes panel. Incomes can either be entered directly on this panel or selected from the list of incomes entered on the Other Income screen.                      

Expenses can be linked to a property on the Property / Assets screen’s Advanced Settings > Expenses panel. Expenses can either be entered directly on this panel or selected from the list of expenses entered on the Expenses > Basics, Leisure, Luxury, and Milestones screens.

Debts can be linked to a property on the Debt screen, using the Asset drop down and Link button.

Note: If you have an income, expense, or debt that needs to be timed differently than the property – one that is to begin or end before or after the property is acquired or is sold – then leave it unlinked from the property.