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Updated over 4 years ago on . Most recent reply

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Carrie Torrey
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3
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CPA for real estate

Carrie Torrey
Posted

I live in Asheville, NC and am looking for a CPA who has expertise with individuals who owns a few rental properties. Just wondering what kind of qualities I should look for and what kind of process you might suggest when interviewing?

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43
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Cara Powers
  • Accountant
  • Albuquerque, NM
30
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43
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Cara Powers
  • Accountant
  • Albuquerque, NM
Replied

@Carrie Torrey 

@Bill Hampton is correct. You don't have to limit yourself to someone local. Cloud accounting is awesome. Also, for taxes, you don't have to limit yourself to CPA's. Enrolled Agents like @Michael Plaks can be even better. However, both will charge you extra if they have to do your bookkeeping for the year before they can do your taxes. Look into getting a bookkeeper with experience accounting for real estate investment, preferably one who know taxes to get things ready for whoever is preparing your taxes.

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