Looking for a CPA in CA

Member since 2022 · 3 posts · 2 votes

Hello, I am looking for a CPA in California (San Diego County preferably) that deals with real estate investors. I am looking to open an S Corp since I am a veteran and would like to find a professional who can assist me in financial matters while minimizing potential taxes, etc. I am 25 years old and currently have 2 properties. Although I am still starting off, I would like to create my corporation as soon as possible so that I can build a strong foundation for the future.

Thank you in advance,

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Joe HomsBusiness Member
Flipper · Mission Viejo, CA · Member since 2014 · 2k+ posts · 1k+ votes
4y
@Linda Manresa by all means I do not want to slow you down, but maybe educate yourself before you head down this road. You currently have 2 properties? How are they titled? Your individual name or an LLC? Focus your attention there first. LLC's in California come with a years $800 fee, even if you don't own anything and you also have to do taxes, even if you don't own anything. An S-Corp is just a tax designation, so why do you need one now? S-Corp is usually used for flipping homes. LLC are more for buy and hold properties. Yes, check with a CPA, but don't get sold on something that you don't need, until you need it?
Good Investing..
[email protected]949-625-4533
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Nate MeekerBusiness Member
Real Estate CPA | California · Member since 2020 · 544 posts · 251 votes
3y
Quote from @Joe Homs:

@Linda Manresa by all means I do not want to slow you down, but maybe educate yourself before you head down this road. You currently have 2 properties? How are they titled? Your individual name or an LLC? Focus your attention there first. LLC's in California come with a years $800 fee, even if you don't own anything and you also have to do taxes, even if you don't own anything. An S-Corp is just a tax designation, so why do you need one now? S-Corp is usually used for flipping homes. LLC are more for buy and hold properties. Yes, check with a CPA, but don't get sold on something that you don't need, until you need it?
Good Investing..

@Linda Manresa, @Joe Homs I am currently taking on new clients in San Diego and Riverside County. If you or someone you know would like to double-check that their tax preparer is providing optimal services for a competitive price, reach out. Thank you!

Nate Meeker, CPA
951-383-4747
The CPA Realtor 571 Reviews
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