Looking for an Out of State Investing Friendly CPA

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Looking for an Out of State Investing Friendly CPA

Gary Castillo
Rental Property Investor · Central Valley, CA · Member since 2021 · 4 posts · 4 votes

I am looking for a CPA to help me and my business partner with Taxes as we currently have a rental out of state and live in California. Eventually it will be in an LLC.

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Basit SiddiqiBusiness Member
Accountant · New York, NY · Member since 2015 · 8k+ posts · 3k+ votes
2y

You mention having a business partner, if there is an entity involved, there may be a requirement to file a business tax return.

Most business tax returns are due March 15 with an opportunity to extend the tax filing.

I also saw your profile that you have a property in Ohio. Congrats on the purchase!
Something to be mindful of is that Ohio requires multiple tax returns to be filed - One at the state level and another depending on the city where the property is located.

[email protected]917-280-8544
Basit Siddiqi CPA4.880 Reviews
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  • Austin Cheatham
    Accountant · Louisville, KY · Member since 2020 · 75 posts · 55 votes
    2y

    Hey Gary!

    You came to the right place. While we are not able to directly promote ourselves here on the forums, there are several knowledgeable tax professionals in this community. I would recommend reaching out to some you see providing good information on the forums and see if they can help satisfy what you're looking for.

    0Reply
  • Andrew Strauss
    Accountant · Pasadena, CA · Member since 2014 · 102 posts · 36 votes
    2y

    Hey Gary - I could probably help you. If interested, just give me a call.

    0Reply
  • Katie Balatbat
    CPA and Attorney · San Diego, attorney · Member since 2022 · 302 posts · 219 votes
    2y

    @Gary Castillo

    I have referrals throughout the state - feel free to send me a PM if interested.

    *This post does not create an attorney-client or CPA-client relationship.  The information contained in this post is not to be relied upon.  Readers are advised to seek professional advice.

    0Reply
  • Sean GrahamBusiness Member
    Investor , CPA · Detroit, MI · Member since 2016 · 587 posts · 249 votes
    2y
    Quote from @Gary Castillo:

    I am looking for a CPA to help me and my business partner with Taxes as we currently have a rental out of state and live in California. Eventually it will be in an LLC.

    Most CPAs will work with you remotely. Happy to make a recommendation 

    Maven Cost Segregation Tax Advisors553 Reviews
    WebsiteView Page
    0Reply
  • Bradley BuxtonBusiness Member
    Real Estate Agent · NV · Member since 2023 · 1k+ posts · 720 votes
    2y

    @Gary Castillo

    I have a few references that are based in Nevada. I'll send you a PM. 

    0Reply
  • Samuel DioufBusiness Member
    Real Estate Agent · Columbus & Cleveland, OH · Member since 2023 · 1k+ posts · 1k+ votes
    2y

    I'd be glad to send some referrals.

    [email protected]614-662-1652
    Reafco - Samuel Diouf528 Reviews
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  • Fulton Abraham Sanchez
    CPA| New Clients Welcome| 50 States · Member since 2016 · 440 posts · 97 votes
    2y

    Hi Gary, You've come to the right place, there are over 20 enlisted CPAs here in Biggerpockets working with real estate investors across different states. Feel free to reach out to one and set up a consultation call.

    0Reply
  • Bill HamptonBusiness Member
    Accredited Investment Fiduciary, AIF®, Financial Planner, Tax Strategist, Real Estate Investor · Atlanta, GA · Member since 2012 · 2k+ posts · 979 votes
    2y

    @Gary Castillo

    You came to the right place. A good real estate accountant can save you a ton of money by leveraging entity selection and formation, tax deductions and tax planning.


    I recommend finding an accountant who specializes in business taxation, real estate taxation and tax planning.

    You may want to consider working with your accountant remotely to expand your options.

    I would also recommend looking for a accountant willing to work with you throughout the year. You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.

    There are over 20 real estate accountants on this site. Reach out to a few, see who you like and see if they are accepting new clients.

    Good luck.

    404-482-3170
    Hampton Tax and Financial Services LLC4.7106 Reviews
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  • Basit SiddiqiBusiness Member
    Accountant · New York, NY · Member since 2015 · 8k+ posts · 3k+ votes
    2y

    You mention having a business partner, if there is an entity involved, there may be a requirement to file a business tax return.

    Most business tax returns are due March 15 with an opportunity to extend the tax filing.

    I also saw your profile that you have a property in Ohio. Congrats on the purchase!
    Something to be mindful of is that Ohio requires multiple tax returns to be filed - One at the state level and another depending on the city where the property is located.

    [email protected]917-280-8544
    Basit Siddiqi CPA4.880 Reviews
    View Page
    1Reply
  • Seidy Lasker
    Realtor · Phoenix, AZ · Member since 2020 · 79 posts · 37 votes
    2y

    @Gary Castillo

    It's in the name. Investorfriendlycpa.com

    He's the best, just look him up and watch his videos

    0Reply
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