Investor · Maggie Valley, NC · Member since 2020 · 284 posts · 85 votes
Looking for recommendations for a CPA near Asheville, NC.
I have one prospect, but 1500 for a tax filing while I have just one filing plus 250 / month is a bit steep.
I have a lot of renovation costs to deduct; that, plus accelerated depreciation will more than cover my active income. So, I should get everything back this year.
Accountant · Edina, MN · Member since 2020 · 172 posts · 97 votes
3y
Most CPAs are remote these days - I would focus on real estate specialization over location. You may pay a higher price but they should return tenfold in tax savings.
Investor · Maggie Valley, NC · Member since 2020 · 284 posts · 85 votes
3y
And yes, I know this is very late. Honestly, I had faith in my current CPA up to very recently when she could not answer questions about the "STR Loophole", among other things.
Investor · Asheville, NC · Member since 2015 · 187 posts · 112 votes
3y
Brandon Smith is Da Bomb. My effective tax rate for the past 2 years has been under 10%, in the setting of significant real estate income, and much higher 1099 income. He's a freaking wizard.
Investor · Asheville, NC · Member since 2015 · 187 posts · 112 votes
3y
BP won't let me share it for some reason, but he's with Smith and SHins in Taylors SC. He's very familiar with NC tax law and serves quite a few clients in the WNC area.
Accountant · Edina, MN · Member since 2020 · 172 posts · 97 votes
3y
Most CPAs are remote these days - I would focus on real estate specialization over location. You may pay a higher price but they should return tenfold in tax savings.