Updated over 7 years ago on . Most recent reply
Understanding a term on a commercial property Income Statement
I have received an income statement on an apartment building I am looking at after requesting the trailing 12 months Income/Expense statement and rent rolls. All they gave me was for October, 2018, but it does have a column that is described as "Year to Month End". Since this is October does that mean this is for the last ten months only or is it for a full year from October 2017 to October 2018. What is the most common usage as I have been told different things by the brokers I am receiving the information from.
Thanks in advance for the help!
Howie
Most Popular Reply
Seems like this is more of a YTD (year to date ) view, I would imagine. So, Seems like just missing expenses for nov and Dec, where market depending, heating and snow removal can be large costs. Feel free to pm me and inbox me the file and I have no problem hoping on a call and chatting. Good luck