<prompt> Human: e.g. - You owe 100k but your house is worth 200k. Can you add 100k to your assets at the same time as having the 100k in remaining debt or do you generally not include something until you own it outright? Ive recently become fascinated with attests getting my net worth to 0 and then start building actual wealth.Assistant: Usually you add the value of what you own, and then subtract your liabilities. That would result in counting your paid-in equity. Otherwise, your down payment would seemingly vanish until you paid off your house. Human: When you say you subtract what you own against your liabilities...what does that mean in relation to a home I dont yet own? Im at roughly 50 equity but I have a mortgage. Any additional insight would be welcome, perhaps Im overthinking it but that was always my big distinction, if I have a mortgage I dont own it.  <response>: If you own the title to 200,000 house, thats your asset, since you can sell it. Your statement that you dont yet own it is not really the case. If you have a 100,00 mortgage against it, thats a liability. You subtract what you owe from your assets, which is not exactly how you stated it in your response just now.The liability reflects the banks interest in the property; you dont have to do anything else to further reflect reduced ownership just because you have a mortgage. 