facebookWhat should be included as part of assets in calculating net worth? Should you include your house which you are staying in? - Seedly

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Anonymous

25 Feb 2020

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Property

What should be included as part of assets in calculating net worth? Should you include your house which you are staying in?

Discussion (8)

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Andy Sim

25 Feb 2020

HR Professional at a Financial Institution

Yep your house is an asset but your mortgages are considered liabilities

A house is an asset, while your mortgage is a liability. You should include it since it can potentially affect your net worth when you gain or lose from the sale.

Rais M

25 Feb 2020

Accountant at SME

Yes. House in included. Anything that you own, from cash, investments, etc

Yes, your house should be counted as part of your net worth.

Yes, should be included.​​​...

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