FAQ: Investment and Vacation Properties

Frequently Asked Questions

Need assistance with data entry? RightCapital is here to help! Please use the common questions and answers below to assist you in generating financial plans. For additional assistance use the link to our support team at the bottom of the article.

1

Can I add multiple properties to a plan? 

Answer: There can only be one “Primary Home” however, you can absolutely model multiple additional vacation home/ rental properties in a plan. This can be done within the Profile > Net Worth area, or by creating property goals within the financial plan. 

2

If I add an investment property to a plan, will the rental income flow into the financial plan's Cash Flows? 

Answer: Yes, if you enter a rental income in the investment property card this will flow into your cash flow statement automatically. There would be no reason to model an additional income card to represent this. 

3

Can I model a property outside the U.S.? 

Answer: Yes, when choosing the location of a property, you can designate a property as “Non-U.S.”. This will remove any capital gains taxes from the plan when selling the property and remove the tax on investment property income.

4

Can I show a client moving into their vacation property?

Answer: There are many different options when proposing a “primary home relocation goal”. When inputting the primary home relocation goal, you will see a “new home” section. Here you can choose from the following options; inherit home, buy a new home, rent a home, and move into an existing home. Select “move into an existing home” and choose the vacation property of your choice. 

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