How do I add a house account?

When you add a new account, Quicken adds it to the Account List (choose Tools menu > Account List). In most cases, you'll want to add all of your household's accounts in the same Quicken data file, so that you can track all your finances in one place.

This account type is available for Quicken Business & Personal users.

Select the Add Account icon on the top right of the Account Bar.

You can also add a new account by selecting Tools → Add Account from the top menu.
Select Other Assets and Liabilities.
Select Home, Rental Property.
During the setup process, you'll be asked a few questions. Click below to learn more.

Enter the name you want to use to refer to the account in Quicken. This name will appear in reports, and in the Quicken interface.

If you are using Quicken Business & Personal, choose the primary use of the account: Personal (which is the default), Business, or Rental Property. Your selection determines where in the Quicken interface (on which tab) the account appears. You can change this from the Account List later if you wish. the account appears. You can change this from the Account List later if you wish.

If you have set up Quicken to track multiple currencies, select one from the list. If you decide you need to change the currency for the account, you can do so only if you haven't entered any transactions except the opening balance.

Enter the purchase date and the purchase price of your house.
Enter the estimated current value of your house. This helps you track your equity in the house.
What if I want to track cost basis instead of equity?
If you want to track just the cost basis of your home, not the equity, enter the same amount here as you did in the Purchase price field. Then make balance adjustments to track capital improvements.