CPA or No CPA that is the question

[Matt Stemen]

Hi BP community. I have 4 rental properties currently and wanting to grow the portfolio and take advantage of tax strategies as well. I do not have a CPA currently that will help me as I continue to expand and add more properties. I am talking with a few different CPAs that can do taxes and give tax strategy advice. Obviously the services cost money that will eat some into cash flow. Is it worth paying the $3000 or so annually to a CPA for this or should I wait until my portfolio is bigger to bring on a CPA? I want to put a good team together that can grow with the business, but am not sure if this is a necessary addition at this point. Thoughts? 

[Brian Moran]

@Kit Serrell - did you find someone in your area? Or did you go remote?

I'm calling folks in NW Ohio and most either don't have the expertise (though they say yes that they do :/) or they are full and can't take on anymore clients. 

My investment portfolio is remote (Vanguard) - I'm thinking I can have a remote CPA....thoughts?

as far as REI - We have a 4-plex only