Real Estate Investors Friendly CPA

[Andrii Okipnyi]

Hi Community, please recommend an experienced and reasonably priced CPA in the Chicago area. Thank you!

[Chris McCormack]

I would recommend against price shopping. There are plenty of Walmart CPAs out there but they won't have the expertise, experience or risk appetite of a real estate specific CPA.

[John Warren]

@Andrii Okipnyi I know a great firm in your area (Schaumburg). I agree though that price shopping really isn't the best since taxes are literally your number one expense on rentals. Let me know if you want an intro?

[Andrii Okipnyi]

Quote from @John Warren:

@Andrii Okipnyi I know a great firm in your area (Schaumburg). I agree though that price shopping really isn't the best since taxes are literally your number one expense on rentals. Let me know if you want an intro?

Thank you! I reached out to you.

[Fulton Abraham Sanchez]

@Andrii Okipnyi, hi. There are over 20 very competent, real estate friendly CPA firms/professionals here in Biggerpockets. Mos of whom work with clients remotely. Please reach out to one you feel is a better fit. 

[Jonathan Klemm]

Hey @Andrii Okipnyi - I have a rockstar Chicago real estate-specific CPA.  Keep in mind you almost ALWAYS get what you pay for with service industry professionals, so it cost money to save money.  It is worth it and the sooner the better if you are going to really lean into real estate.

Feel free to reach out and I can provide you with his contact information.

[Aaron Zimmerman]

I would echo what everyone else said on here. Depending on your situation, it might be very advantageous to hire a "more expensive" CPA. It just depends on if you're a real estate professional, are in the short term rental space, or make below a certain income.