New to Real Estate · Industry, PA · Member since 2023 · 65 posts · 52 votes
Do you have any recommendations for accountants in Ambridge PA or surrounding towns that deal with RE investors?
Tax season is here and since this would be the first year that I would have to file for taxes with my rental and it would be best if I got a professional to do it for me. Any recommendations would be great.
Accountant · Long Island, NY · Member since 2021 · 184 posts · 148 votes
6mo
Hey Alec
Most if not all of the accountants you'll see on this forum are filing returns/providing tax advice for clients residing/investing in all 50 states. There might be a few who operate out of PA specifically, however that is not absolutely necessary. Absolutely understand if that might be your preference.
Tax season is here and since this would be the first year that I would have to file for taxes with my rental and it would be best if I got a professional to do it for me. Any recommendations would be great.
This forum has a lot of tax professionals specializing in real estate. We all work nationwide.
However, we're not allowed to offer you our help until the moderators move your post into Classifieds. You can initiate a conversation with any of us yourself.
CPA| New Clients Welcome| 50 States · Member since 2016 · 430 posts · 93 votes
6mo
@Alec Jacobs, hi. If you are starting with your first rental, working with a CPA is a smart move. Location matters less than finding someone experienced in real estate tax rules like depreciation, passive losses, and entity structuring.
The key is choosing a CPA who understands real estate beyond basic tax filing. Look for someone who can also advise on strategies like cost segregation and long-term tax planning.
I recommend finding an accountant who specializes in real estate taxation and is proactive instead of reactive when providing advice.
Working remotely with your accountant will expand your options. The best person for the job may not be local.
I would also recommend looking for an accountant who will 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.