Going Rate for Accountants

[Kate Binion]

Hi BPers, I am looking to hire a CPA in DFW area who has a background in real estate/multifamily. For an LLC, 3 properties, what is the going rate, ballpark? Found someone I like, but seems a little steep, so I want to see if that is in line with what others are finding.

Thanks!

[Basit Siddiqi]

@Kate Binion

Are there multiple members in the LLC?

If you are the only member in the LLC - you would be required to file the following tax returns
1) Federal Form 1040
2) Texas Franchise Tax Report

** Texas does not have a state income tax; therefore no state income tax return.

The pricing of the return can also depend on the complexity of the return outside of the rental properties. Do you have multiple brokerage accounts? Are you investing properties outside of Texas? Do you have income earned in other states? etc

You should interview a couple accountants and see who is a good fit you for you.