How to report property purchases for ISEE calculations

To justify a lower bank balance for ISEE calculations, report net cash outflows from property purchases. For a partial cash purchase, include the down payment and any mortgage payments made in 2024. If the purchase is entirely financed by a mortgage, only report the mortgage installments and associated fees paid during the year. Both scenarios require declaring the property for IMU purposes, with the outstanding mortgage balance deductible for ISEE.