Good on you.
The run up in asset prices has me questioning whether I should account for future tax payable on the gains.
For example one of my properties has increased in value by over $150,000, but if I were to sell it I'd lose $10k in transaction costs and another $30 odd thousand in tax.
In accounting there's a concept of deferred tax, but we don't often see it applied to our own net worth calculations.
For most though, selling assets comes after FIRE, and you generally find yourself in a lower tax bracket in future, because you're no longer pulling in the salary. In that respect, accounting for future taxes is a non-issue.