Does anyone have a recommended P&L format that they like and use?? I don’t mind paying for one if needed, I just need a better format than my DIY version in excel. Any advice is appreciated!!!

Thanks!

Attached is a P&L that was sent to me. I'm looking for some experienced investors to give feedback on what to look for when reading a P&L. I know it doesn't tell the whole story but highlights or things you se...

I have a question related to the 1031 exchange. I understand how 1031 works including depreciation, what I'm wondering is related to PALand or rental profits.Let's say after 10 years we have two scenarios: a net profi...

I’m currently stuck trying to move forward in my dreams. My problem is I need capital.I thought of flipping a property. I fix up houses for a real estate company so I can save money fixing everything myself and I have...

What’s the difference in a Pro Forma and a Profit and Loss Statement?

Hello, all! I’m new to these forums, and to real estate investing in general. To get started, I’m planning a house hack in central Florida.My question is this: at what stage is it appropriate to ask the seller for a p...

There is a seven plex I am looking at, I asked the owners for profit/loss statement, and taxes for the last two years. They are having a hard time coming up with the last two years taxes, they say they are lumped in w...

Hello All!I'm currently under contract for a 45 unit apartment building in Central California.  This has been a goal for mine for some time now and although I do have experience with rentals, my portfolio up until now...

Have been building out some financial models and want to make sure Im doing this correctly. When formating your Profit and loss statements do you include an allowance from gross potential rents for all three of the fo...

Your Profit and Loss Report is your Resume!I know that when we are new to this business, we are hesitant to spend more money than we think is necessary, after all, we have spent a ton of money on the rental home and g...