Skip to content
Tax, SDIRAs & Cost Segregation

User Stats

3
Posts
4
Votes
Adam Servies
  • Real Estate Agent
  • Indianapolis, IN
4
Votes |
3
Posts

CPA Recommendations - Indianapolis

Adam Servies
  • Real Estate Agent
  • Indianapolis, IN
Posted Jun 6 2022, 16:19

Hello all,

I'm starting a fix & flip company and looking for recommendations for a CPA. I'd like to make sure my book keeping / accounting is up to par from the start. If you also fix & flip/rehab properties, I'd especially like to hear who you recommend. Thanks all!

User Stats

2,404
Posts
1,017
Votes
Kerry Noble Jr
Pro Member
  • Investor
  • Indianapolis, IN
1,017
Votes |
2,404
Posts
Kerry Noble Jr
Pro Member
  • Investor
  • Indianapolis, IN
Replied Jun 7 2022, 07:33

check out @Brandon Lindsay.....idk if he gets on here anymore but you can google him. I have not used him but his friend is my accountant but hes not taking on any more clients..... or i would suggest him....

would love to connect as well....and network with you Adam if you have time

User Stats

3
Posts
4
Votes
Adam Servies
  • Real Estate Agent
  • Indianapolis, IN
4
Votes |
3
Posts
Adam Servies
  • Real Estate Agent
  • Indianapolis, IN
Replied Jun 7 2022, 18:40

Thanks Kerry! I will try to get in touch with Brandon. I will send you a message on connecting.

BiggerPockets logo
BiggerPockets
|
Sponsored
Find an investor-friendly agent in your market TODAY Get matched with our network of trusted, local, investor friendly agents in under 2 minutes

User Stats

81
Posts
24
Votes
Regina Sloan
  • Investor
  • Indianapolis, IN
24
Votes |
81
Posts
Regina Sloan
  • Investor
  • Indianapolis, IN
Replied Jun 13 2022, 14:35

Adam, thanks for asking this! we are also looking for a REI-savvy Accountant. best of luck! we are new flippers in Indy as well.

User Stats

7,500
Posts
3,071
Votes
Basit Siddiqi
Pro Member
#2 Tax, SDIRAs & Cost Segregation Contributor
  • Accountant
  • New York, NY
3,071
Votes |
7,500
Posts
Basit Siddiqi
Pro Member
#2 Tax, SDIRAs & Cost Segregation Contributor
  • Accountant
  • New York, NY
Replied Jul 9 2022, 12:14

When you are fixing and flipping homes, you have to properly account for rehab and renovations by individual properties.

Also, make sure to factor in items such as mileage driven, cost of tools, costs paid to agents to sell your home, etc

Fix and Flip business is subject to self-employment taxes. Talk to a CPA if there is a way to mitigate your exposure here.

Best of luck to you in your search for a CPA.