Why dont accountants understand real estate investing?

[Adam Craig]

I have used 2 different CPA's and they all seem to think alike. Both prefer I max out my SEP IRA / HSA before putting the money into real estate. I put a nice chunk of cash into both but I want real estate to be my main retirement vehicle.

I have a rental property business with the BRRRR strategy. The accountant just see what looks like a crappy investment on my tax returns but dont they understand that its whats going on behind the numbers that make it a great long term investment?

Cash flow - mortgage pay-down - appreciation - tax savings - liquidity - leverage

These guys are a lot older/ more experienced, and I assume more financially sophisticated then me - So am I missing something?

[Cody L.]

Accountants tend to be conservative. On the surface, REI doesn't seem to be a conservative investment.

Doesn't matter if they think you're making an error so long as they're doing your taxes correctly.

Agents SELLING ME property have called me crazy for buying some of the deals I've bought. My 50 unit in midtown I paid $880k. He called it a "dog. No. A dog with flees!" Last here I refinanced it at a value of $3.6m so all money back out and then some. Last month I rejected an offer to sell for $4.2m.

Some people don't get it. And that's good. How else would we be able to buy?