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Business Page


business profile image

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

reviewer image
1.0 star
|
2 months 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.
reviewer image
5.0 stars
|
2 months ago
Reviewed by Max Sherman
I was dreading my taxes (like I do every year). I have rentals, a business, and I just got married. Spending another dozen hours in "Free" Tax USA sounded Bad. Luckily I found Basit on BiggerPockets. He turned a painful task into an easy one (basically get your documents to him and answer his questions). Basit also saved us money by offsetting my spouse's W-2 wages with my business losses. The process only took a few days, and 10x less work for me compared to last year. We are getting back more money than Basit's fee. He literally paid for himself. Great experience. Schedule a call with him!
reviewer image
5.0 stars
|
3 months 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!
reviewer image
5.0 stars
|
4 months ago
Reviewed by Joshua Drolet
Basit is very knowledgeable on how to work with people with rental real estate. This is the main reason why I decided to work with him for my taxes and over the years he’s done an excellent job.
reviewer image
5.0 stars
|
4 months 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.
reviewer image
5.0 stars
|
4 months 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.
reviewer image
5.0 stars
|
5 months ago
Reviewed by Amish Kagalwala
I've been working with Basit for the last 3 years and he's extremely knowledgable on matters pertaining to tax deductions for real estate (STR, LTR and BRRRR) as well as taxation related to stocks and stock options. In addition to providing solid tax advice, his inputs are also valuable for financial planning and how to best invest earnings. Would highly recommend Basit to anyone looking for a tax accountant.
reviewer image
5.0 stars
|
5 months 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.
reviewer image
5.0 stars
|
6 months ago
Reviewed by Jeevan-Sana Khalid
I recently had the pleasure of working with Basit, who specializes in real estate and tax filing, and I couldn't be more impressed with the experience. His expertise in real estate tax matters really stood out. He is extremely detail oriented. Overall, I highly recommend Basit for anyone in need of real estate tax expertise or general tax filing. His professionalism, expertise, and dedication to providing the best possible service truly set him apart from others in the field. I will definitely continue to work with him for all my future tax needs!
reviewer image
1.0 star
|
2 months 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.
reviewer image
5.0 stars
|
2 months ago
Reviewed by Max Sherman
I was dreading my taxes (like I do every year). I have rentals, a business, and I just got married. Spending another dozen hours in "Free" Tax USA sounded Bad. Luckily I found Basit on BiggerPockets. He turned a painful task into an easy one (basically get your documents to him and answer his questions). Basit also saved us money by offsetting my spouse's W-2 wages with my business losses. The process only took a few days, and 10x less work for me compared to last year. We are getting back more money than Basit's fee. He literally paid for himself. Great experience. Schedule a call with him!
reviewer image
5.0 stars
|
3 months 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!
reviewer image
5.0 stars
|
4 months ago
Reviewed by Joshua Drolet
Basit is very knowledgeable on how to work with people with rental real estate. This is the main reason why I decided to work with him for my taxes and over the years he’s done an excellent job.
reviewer image
5.0 stars
|
4 months 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.
reviewer image
5.0 stars
|
4 months 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.
reviewer image
5.0 stars
|
5 months ago
Reviewed by Amish Kagalwala
I've been working with Basit for the last 3 years and he's extremely knowledgable on matters pertaining to tax deductions for real estate (STR, LTR and BRRRR) as well as taxation related to stocks and stock options. In addition to providing solid tax advice, his inputs are also valuable for financial planning and how to best invest earnings. Would highly recommend Basit to anyone looking for a tax accountant.
reviewer image
5.0 stars
|
5 months 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.
reviewer image
5.0 stars
|
6 months ago
Reviewed by Jeevan-Sana Khalid
I recently had the pleasure of working with Basit, who specializes in real estate and tax filing, and I couldn't be more impressed with the experience. His expertise in real estate tax matters really stood out. He is extremely detail oriented. Overall, I highly recommend Basit for anyone in need of real estate tax expertise or general tax filing. His professionalism, expertise, and dedication to providing the best possible service truly set him apart from others in the field. I will definitely continue to work with him for all my future tax needs!

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Basit Siddiqi