Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 6 years ago on . Most recent reply

User Stats

17
Posts
3
Votes
Emad Nasser
  • Westwego, LA
3
Votes |
17
Posts

How does the bank look at depreciation in the statement

Emad Nasser
  • Westwego, LA
Posted

Hello guys i need help with this

How does the bank look at depreciation in your financial statement if your company makes good amount of profits but after depreciation and inventory adjustments kicks in your taxable net profit amount goes way down which is something help the business.

The question is when you go to the bank trying to get loans for real estate investing would they consider your income before depreciation??

Thank you

Most Popular Reply

User Stats

1,407
Posts
754
Votes
Lance Lvovsky
  • Accountant
  • Fort Lauderdale, FL
754
Votes |
1,407
Posts
Lance Lvovsky
  • Accountant
  • Fort Lauderdale, FL
Replied

@Emad Nasser

They should be adding it back along with any other non cash expenses such as amortization.

  • Lance Lvovsky
  • Loading replies...