Business Page
Basit Siddiqi CPA
Tax & Financial Services
4.9 stars
79 Reviews
Markets served
Nationwide
Licenses, Designations or Certificates
CPA License
About us
Basit Siddiqi CPA is a nationwise Tax firm that specializes in working with Real Estate Investors, Syndicators, Agents and other similar professionals. We provide tax preparation along with consulting services to provide assurance that you are paying the least amount in taxes.
Specialties
Tax & Accounting
Tax planning & strategy
Accounting
Bookkeeping
Tax prep & filing
RE Professional Status
Syndication Taxes
Cost Segregation
STR Loophole
MultiState Taxes
1031 Exchange
Business Taxes
Reviews (79)
4.9 stars
79 Reviews
4.9 stars
78 Reviews
1.0 star
1 Review
2.0 stars
2 months ago
Reviewed by
Rhett James
Basit handled my taxes for several years, and I found him to be knowledgeable. Unfortunately, my recent experiences have been very different.
Despite multiple assurances, he missed my tax filing deadline. Communication became extremely difficult—I often had to make repeated calls just to get updates, and promises to follow up rarely happened. I also discovered he had moved to Texas without notifying me, despite serving as my Power of Attorney for tax matters.
Things became even more concerning during my IRS examination. He joined one call with noticeably slurred speech, failed to appear for a scheduled meeting with the IRS Appeals Agent, and has still not provided the promised documentation.
While I appreciate the work he did in the past, I can no longer recommend his services. Technical knowledge alone isn't enough when deadlines, communication, and reliability are this important.
3.0 stars
5 months ago
Reviewed by
Mahmoud Farraj
To start, I want to say that Basit is a very knowledgeable and talented accountant. He clearly has a strong understanding of tax matters, and I don’t want to take anything away from his expertise.
That said, my experience over the past couple of years was challenging from a responsiveness and timing standpoint. There were frequent and significant delays in communication and deliverables. While I completely understand that tax season can be extremely busy for accountants, many of these delays occurred well outside of peak filing season.
There were several occasions where I had to follow up multiple times—sometimes five to ten emails, texts, or calls—before receiving a response, even for relatively minor updates such as status checks or basic questions. Unfortunately, this made it difficult to stay on top of important timelines.
I do appreciate the work he’s done for me over the years. However, based on my experience, I would recommend that anyone who values consistent communication or may benefit from a more structured support system consider working with a larger firm or a team-based practice. Basit appears to operate largely as a one-person operation, and while he is clearly skilled in the technical side of accounting, the operational side can be difficult at times.
Overall, I wish him the best and appreciate the help he’s provided in the past.
5.0 stars
10 months ago
Reviewed by
Ryan Svedin
Basit Siddiqi is an absolute professional and a lifesaver for my personal taxes. I came to him with a complex situation involving my short-term rental property and a lot of confusing questions. Basit was phenomenal. He was able to immediately dig into my situation, answer every question, and laid out a clear strategy for maximizing my deductions. He has saved me thousands!!!! I now have total peace of mind and feel like I'm finally on the right financial track. Highly, highly recommend.
1.0 star
over 1 year ago
Reviewed by
Rene M.
My experience with Basit has been horrible. We did a successful return last year in September and this year all requested documents were submitted by March 14th. He asked for a few days. I reached out on 3/31 and he apologized on 4/2 and promised to have the return finished in 48 hours.
Again no response till 4/8 despite 2 follow ups, where he asked for 2 more hours to finish. It is now 4/11 and I have not received any feedback nor direction as to if he plans to finish the return, nor guidance to make make IRA contributions in time. Extremely unprofessional. I would not recommend working with him.
5.0 stars
a year ago
Reviewed by
Christian Hoffman
I have been working with Basit for at least 5 years and look forward to working with Basit for many more years! He is professional, responsive, detail-oriented, and incredibly knowledgeable in real estate matters. I trust Basit's counsel and rely on him for all my accounting/tax planning needs. I recommend him to anyone looking for a skilled accountant!
5.0 stars
a year ago
Reviewed by
Kavi Kumar
Basit has been doing my tax returns for a few years now, and he is extremely knowledgeable in real estate tax laws. He meticulously analyzed the income/expense spreadsheets, and his thoroughness maximized our session's efficiency. Basit is extremely knowledgeable, a true subject matter expert who gives excellent tax advice.
5.0 stars
a year ago
Reviewed by
Ed Kosiec
Basit has been an asset for my tax returns/planning. Very knowledgeable about real estate and is easy to work with. Would recommend to anyone looking for a CPA.
5.0 stars
a year ago
Reviewed by
Joshua Lustgarten
I worked with Basit for the FY23 tax year to take advantage of complicated tax deductions via real estate investments that my former accountant was not comfortable with. Basit was an expert in this, which drastically helped reduce my W2 income. Definitely recommend Basit if you are a real estate investor, he knows the tax code quite well and can save you a lot of money.
5.0 stars
a year ago
Reviewed by
Hannah Dillon
Basit has been handling our yearly taxes for about 5 years! My husband and I were one of his first clients and have had a positive experience with him. We have a lot of rental properties and he helps guide us along as we go. He's always able to handle our questions (any time of the year), reviews our documents when turned over for taxes, helps us navigate tax season painlessly and does it all in a timely manner each year. Most importantly we like that he has a secure way of submitting and reviewing documents - our personal information is safe. He's professional at all times and we feel confident in his work. Choosing Basit was definitely one of the best decisions we've made. We look forward to working with him each year.
1.0 star
over 1 year ago
Reviewed by
Rene M.
My experience with Basit has been horrible. We did a successful return last year in September and this year all requested documents were submitted by March 14th. He asked for a few days. I reached out on 3/31 and he apologized on 4/2 and promised to have the return finished in 48 hours.
Again no response till 4/8 despite 2 follow ups, where he asked for 2 more hours to finish. It is now 4/11 and I have not received any feedback nor direction as to if he plans to finish the return, nor guidance to make make IRA contributions in time. Extremely unprofessional. I would not recommend working with him.
2.0 stars
2 months ago
Reviewed by
Rhett James
Basit handled my taxes for several years, and I found him to be knowledgeable. Unfortunately, my recent experiences have been very different.
Despite multiple assurances, he missed my tax filing deadline. Communication became extremely difficult—I often had to make repeated calls just to get updates, and promises to follow up rarely happened. I also discovered he had moved to Texas without notifying me, despite serving as my Power of Attorney for tax matters.
Things became even more concerning during my IRS examination. He joined one call with noticeably slurred speech, failed to appear for a scheduled meeting with the IRS Appeals Agent, and has still not provided the promised documentation.
While I appreciate the work he did in the past, I can no longer recommend his services. Technical knowledge alone isn't enough when deadlines, communication, and reliability are this important.
3.0 stars
5 months ago
Reviewed by
Mahmoud Farraj
To start, I want to say that Basit is a very knowledgeable and talented accountant. He clearly has a strong understanding of tax matters, and I don’t want to take anything away from his expertise.
That said, my experience over the past couple of years was challenging from a responsiveness and timing standpoint. There were frequent and significant delays in communication and deliverables. While I completely understand that tax season can be extremely busy for accountants, many of these delays occurred well outside of peak filing season.
There were several occasions where I had to follow up multiple times—sometimes five to ten emails, texts, or calls—before receiving a response, even for relatively minor updates such as status checks or basic questions. Unfortunately, this made it difficult to stay on top of important timelines.
I do appreciate the work he’s done for me over the years. However, based on my experience, I would recommend that anyone who values consistent communication or may benefit from a more structured support system consider working with a larger firm or a team-based practice. Basit appears to operate largely as a one-person operation, and while he is clearly skilled in the technical side of accounting, the operational side can be difficult at times.
Overall, I wish him the best and appreciate the help he’s provided in the past.
5.0 stars
10 months ago
Reviewed by
Ryan Svedin
Basit Siddiqi is an absolute professional and a lifesaver for my personal taxes. I came to him with a complex situation involving my short-term rental property and a lot of confusing questions. Basit was phenomenal. He was able to immediately dig into my situation, answer every question, and laid out a clear strategy for maximizing my deductions. He has saved me thousands!!!! I now have total peace of mind and feel like I'm finally on the right financial track. Highly, highly recommend.
5.0 stars
a year ago
Reviewed by
Christian Hoffman
I have been working with Basit for at least 5 years and look forward to working with Basit for many more years! He is professional, responsive, detail-oriented, and incredibly knowledgeable in real estate matters. I trust Basit's counsel and rely on him for all my accounting/tax planning needs. I recommend him to anyone looking for a skilled accountant!
5.0 stars
a year ago
Reviewed by
Kavi Kumar
Basit has been doing my tax returns for a few years now, and he is extremely knowledgeable in real estate tax laws. He meticulously analyzed the income/expense spreadsheets, and his thoroughness maximized our session's efficiency. Basit is extremely knowledgeable, a true subject matter expert who gives excellent tax advice.
5.0 stars
a year ago
Reviewed by
Ed Kosiec
Basit has been an asset for my tax returns/planning. Very knowledgeable about real estate and is easy to work with. Would recommend to anyone looking for a CPA.
5.0 stars
a year ago
Reviewed by
Joshua Lustgarten
I worked with Basit for the FY23 tax year to take advantage of complicated tax deductions via real estate investments that my former accountant was not comfortable with. Basit was an expert in this, which drastically helped reduce my W2 income. Definitely recommend Basit if you are a real estate investor, he knows the tax code quite well and can save you a lot of money.
5.0 stars
a year ago
Reviewed by
Hannah Dillon
Basit has been handling our yearly taxes for about 5 years! My husband and I were one of his first clients and have had a positive experience with him. We have a lot of rental properties and he helps guide us along as we go. He's always able to handle our questions (any time of the year), reviews our documents when turned over for taxes, helps us navigate tax season painlessly and does it all in a timely manner each year. Most importantly we like that he has a secure way of submitting and reviewing documents - our personal information is safe. He's professional at all times and we feel confident in his work. Choosing Basit was definitely one of the best decisions we've made. We look forward to working with him each year.