I need a recommendation for an experienced CPA with real estate knowledge and tax planning/preparation skills . I am resident in Lafayette, Louisiana and would appreciate any information or contact for such recommendation. Thanks a lot.
CPA | Accepting New Clients · Member since 2022 · 62 posts · 36 votes
2y
@Mathew Mathew Location is not as important as is finding a tax advisor with niche experience for real estate investors. There are a number of competent tax professionals commenting on the forums here who work with clients in other states. If you consider opening up your search radius, pick a few and message them to see who will work best with you. Good luck!
As accountants on BP, we are not allowed to self-promote. To help you in your search: be sure to find an accountant that is willing to grow with you, and is not too high priced fee wise. Not to low either, you don't want to go with someone who is just focused on price as this is a quality of a not so great accountant. Accountants are in such demand, that the best are not even accepting clients half the time.
The other problem I see often with accountants on here is that they specialize in larger investors, and have really high prices when you as a smaller investor do not need all the bells and whistles.
Another thing I see is folks thinking they need to have a tax professional in their state. We as a firm have investors working with us who have rental properties all over the US big and small.
Finding a real estate-focused tax professional and one who can help with advisory and grow with you would be my suggestion to focus your efforts on finding. Best of luck in your search!
CPA | Accepting new clients | 50 States · Member since 2022 · 1k+ posts · 871 votes
2y
@Mathew Mathew I don't think the location of the CPA matters provided that they have a solid background in Real Estate and software/tools to support you remotely.
There are 20+ real estate CPAs commenting in this forum. Pick one that is commenting on your specific situation and DM them.