In this article, you will learn about the new timeframe options when you generate your P&L and Cash flow reports. Creating the Report From the Dashboard, simply click Reports. You have the option to select Profit & Loss or Cash Flow Report on the leftmost list or click Generate Report on the right side to […]
Rentastic enables you to choose the file type for your P&L report. Here’s a quick guide to export in CSV format the P&L report. After generating the report, click on Export, and the options as to what type of file you prefer will appear. Choose to Export as CSV.
After you have created the reports, you now have the ability to preview them before exporting. This enables you to double-check if you are exporting the correct information. Report Preview The report preview will then generate Before exporting you can select the Export format. After choosing the file type you can click on export and […]
Our team is diligently looking for ways to improve the Rentastic app. As of the moment though, we do not support generating an all-in-one cash flow report for multiple properties that you added. Don’t worry though, you are still able to export cash flow reports for each property and have yourself or your bookkeeper consolidate […]
There are a number of categories that are not listed on your P&L Statement, because they are not tax deductible expenses, per the IRS. For example, categories such as “Mortgage Payment”, “Down Payment”, and “Transfer” are not valid expenses, because money is not actually leaving your pocket. You’re simply moving money from one location to […]
“Mortgage Payment” is not listed on your Profit & Loss (P&L) statement, because mortgage payments are not a tax-deductible expense per the IRS. While the mortgage payment itself is not deductible, the interest portion of the payment is. Because there are so many variables that go into calculating mortgage payments, Rentastic does not track the […]
Why a Profit and Loss (P&L) Report is Important A Profit and Loss (P&L) report is crucial for real estate investors because it provides a comprehensive financial snapshot of their real estate investment activities. Generating a Profit and Loss (P&L) statement for your entire portfolio or just a single property is straightforward with Rentastic. To […]
If you’re a Rentastic user and you’re wondering if it’s possible to export transactions, the answer is a resounding yes! Rentastic makes it incredibly easy for you to export all of your transactions and classifications, but there are a few things you need to know. Firstly, to access this feature, you must be a paid member. […]
Right now, we don’t have the ability baked into Rentastic for users to build a custom report. However, be sure to request it via the Feature Request form so our developers can know that additional reports are needed. You may see your request make it to the reports page!