How to categorize proceeds from a refinance

@muswei We would recommend something like the following:

  • $50K (before fees) net cash out amount to “Mortgages & Loans > Mortgage Principal” as “Money In”
  • $5K loan fees to “Capital Expenses > Loan Costs” as “Money Out”
  • Clear old mortgage and set up new mortgage for $150K as discussed in earlier reply above