Simplify Your Taxes with Global P&L Reporting

Dave Robertson
May 17, 2024
5 min read

With the launch of our new Accounting Dashboard improvements we added a new Completed/Sold Table view which showcases all of your final profit information from all your completed flips!  

The Completed/Sold Table view provides an overview of all of the high level financials for your completed projects for tax season:

  • A comprehensive overview of the financials for all your completed and sold projects.
  • Project details including purchase and sale dates.
  • Total income generated from the property sale.

A breakdown of final project expenses, including:

  • Purchase costs
  • Renovation costs
  • Buying, holding, and selling costs
  • Clearly displayed final profit for each project, calculated by subtracting expenses from income.

Tailored for tax season:

Understanding when you recognize profit is crucial for house flip accounting. The Global Profit and Loss Report allows you to filter data by the year the property was Sold. This way, you can easily calculate your total annual Profit from all your flips – a lifesaver come tax season!

Print the Report to a PDF or Export the Report to a CSV

  • Print your report to a PDF so you can share it with your accountant
  • Download the data to a CSV spreadsheet so you can run your own custom calculations for tax purposes!
Dave Robertson
May 17, 2024
5 min read
Our blog

Other Recent Blog Posts

New Features

Mobile App: New Photo Carousel and Descriptions!

New photo carousel for easy swiping, plus the ability to add and dictate photo descriptions
Dave Robertson
August 5, 2025
5 min read
New Features

Mobile App: Supercharged Photo Uploads and Bug Fixes!

Supercharged photo uploads for enhanced stability and speed
Dave Robertson
July 30, 2025
5 min read
New Features

Introducing FlipperForce's Public API!

FlipperForce now features an Integrations page with Public API documentation for tech-savvy users, paving the way for our upcoming, user-friendly Zapier integration.
Dave Robertson
July 18, 2025
5 min read
New Features

Introducing the FlipperForce Field Mobile App!

We're thrilled to launch the FlipperForce Field mobile app for iOS and Android! This app puts essential project management in your pocket, perfect for managing updates and photos from any job site.
Dave Robertson
July 8, 2025
5 min read
New Features

FlipperForce Mobile App Development Underway!

FlipperForce has begun developing a mobile app focused on project management features like updates and photo uploads, with a target launch in late July or early August.
Dave Robertson
May 19, 2025
5 min read
New Features

Project Updates Are Now Available to Solo Users!

Solo users can now track and easily share project progress with external partners using the new Project Updates and Share Link features.
Dave Robertson
May 5, 2025
5 min read

Ready to Take Action?

Sign up for a free trial and join over 1,000 house flippers and real estate investors that have taken their business to the next level!