Add Real Estate Trades

If you have sold any properties in the past financial year and want to understand your profitability and tax implications, you should add real estate settlements. This allows you to efficiently track your transactions and assess their impact on your Profit & Loss.

Important Note: Ensure you have an account before adding a settlement.

Web

Mobile

Web

How to Add a Real Estate Settlement

1. Go to Settlements

Log in to your Quicko account.
Navigate to Investments > View Settlements.

2. Click on Add Settlement

Select "Add Settlement" to start the process.

3. Choose Sale of Real Estate

Pick "Sale of Real Estate" from the list of asset categories.

4. Enter Settlement Details

Fill in the required information, including:

Type of Real Estate (Residential, Commercial, Agricultural, etc.)
Account (Linked investment account)
Property Name
Buy & Sell Details (Date, Price)
Cost of Improvement (Indexed expenses incurred on the asset)
Transfer Expenses (Brokerage, stamp duty, etc.)

5. Save and Track P&L

Ensure you have selected the correct account.
Click "Save" to confirm your settlement.
To track its impact on your Profit & Loss, go to the P&L tab.

💡 Click here to learn how to track P&L.