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Tax, SDIRAs & Cost Segregation

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Peter Bizios
  • Rental Property Investor
  • Chicago, IL
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6
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Tax filing k-1 costs

Peter Bizios
  • Rental Property Investor
  • Chicago, IL
Posted Jan 5 2021, 21:01

My business partner and I received a bill for $3,000 through our CPA for filing k-1s on three properties in 2019. I wanted to get a second opinion on the bill before using them again on our 2020 returns. Does this amount seem fair for three single family homes? We do straight line deprecation, no cost segregation, and all other expenses/income are pretty standard. Our books are not off the walls crazy or anything. Any thoughts would be greatly appreciated!

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