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Updated about 2 hours ago on . Most recent reply presented by

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38
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Jim P.
  • Investor
  • Austin, TX
13
Votes |
38
Posts

Mid-range priced tax pros?

Jim P.
  • Investor
  • Austin, TX
Posted

If I go to one of the local tax pros in town, they'll charge around $500-$600 to do my tax return if I have mostly just W-2 income and a rental property. They do a decent job, but they don't specialize in real estate and they don't know much about things like the STR strategy or how to apply a cost seg study. So I tried the BP tax pros tool, and it seems most of the tax pros that use that charge $3000+ minimum for a tax return with no consultation or advice included, or $4000-$7000 (!) if you want them to look at your situation and recommend a strategy (which will probably be primarily about using STR strategy and a cost seg study).

Is it possible to find tax pros who are good with real estate who have pricing somewhere in the middle?  Someone who understands how to do taxes for real estate investors, but is willing to do a tax return with one or two rental properties for say maybe $900-$1800?  And if that doesn't include consultation to answer questions and talking about tax strategy ideas, maybe just a reasonable hourly rate for that?

Most Popular Reply

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5,312
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6,338
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Michael Plaks
#1 Tax, SDIRAs & Cost Segregation Contributor
  • Tax Accountant / Enrolled Agent
  • Houston, TX
6,338
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5,312
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Michael Plaks
#1 Tax, SDIRAs & Cost Segregation Contributor
  • Tax Accountant / Enrolled Agent
  • Houston, TX
Replied

@Jim P.

May I suggest this post?
https://www.biggerpockets.com/forums/51/topics/1088325-expla...

  • Michael Plaks
  • Loading replies...