What is the best way to provide proof of capital
I am contacting a landlord and they requested tax returns and proof of capital what is the best way to provide this?
[{"id": "cmk93bm", "text": "Bank statements showing the current balance is the best way. You can redact any line items you don't want shown or that aren't relevant. ", "replies": [], "depth": 1}, {"id": "cmls7yf", "text": "Any landlord with their salt will require financial information before signing a lease. Major institutional landlords don't care at all about bank statements. They're generally considered almost useless. You can move money around, or simply empty an account. But tax returns of the entity on the lease indicate a business's performance. We typically review two years of TRs. Better still would be audited financials, such as P&amp;Ls or Balance Sheets. \n\nIf your company's financial statements appear weak on paper, which they often do with TRs, a landlord might as for a Personal Guarantee (PG) or enhanced Security Deposits (SD). Avoid PGs if at all possible - you don't want your name on the lease. If you must provide a higher SD, you should attempt to negotiate rental credits from the SD at some points during the lease provided that you are current on payments. \n\nSource: 10 years representing institutional LLs. Message me if you'd like to discuss in greater detail. ", "replies": [], "depth": 1}]