How are property and real estate holdings counted towards an investor’s net worth for net worth accreditation?
- To count real estate towards net worth, we require two pieces of documentation: first, proof of ownership, and second, a recent valuation or appraisal of the property.
- Proof of ownership can consist of a deed, a mortgage statement (please note that mortgages do count against your net worth), or a screenshot from the county assessor’s website showing the owner.
- Recent valuations can be the assessed value of the property from the county assessor’s website, a recent professional property appraisal, or estimated values from online resources like Zillow and Redfin.