CPA in Orlando, FL to do my rental taxes

7 Replies

Hi, I know it's a little early to be thinking of taxes, but my Aunt recommended I get a qualified CPA to guide me through all the tax deductions associated with renting out my house. I'm currently engaged in a House Hack, and want to educate myself on all the tax advantages/costs associated. Does anyone have recommendations for a good CPA or Tax Accountant in the Orlando, FL area who specializes in this type of thing? Any advice would be appreciated as well.

@Charlie Pioli

It's never too early to be thinking about taxes - how to reduce taxes.

House hackers should treat the rental portion as a business. Consulting with a CPA now will hopefully save you time and money at tax time. I'm not sure about pros in your area, but there are several excellent pros right here on Bigger Pockets that work with house hackers in all 50 states. Reach out to one who might be able to assist you.

Originally posted by @Daniel Hyman :

@Charlie Pioli

It's never too early to be thinking about taxes - how to reduce taxes.

House hackers should treat the rental portion as a business. Consulting with a CPA now will hopefully save you time and money at tax time. I'm not sure about pros in your area, but there are several excellent pros right here on Bigger Pockets that work with house hackers in all 50 states. Reach out to one who might be able to assist you.

 It appears that you are a CPA. Would you be able to offer any referrals, or would you yourself be interested?  

@Samuel Ruelke

Househacking does add an extra layer of tax complexity. You purchased a property that is both a personal residence and an investment property. As such, you have expenses that are personal and business related.

Are you open to working with an accountant remotely?

I would prioritize finding an accountant who specializes in real estate taxation over one that is local.
There are 20+ accountants on this message board who specialize in real estate taxation. Feel free to reach out to a couple and use the one you connect with the most.