Looking for Connections

Tax, SDIRAs & Cost Segregation
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Looking for Connections

Amanda Moskowitz
Member since 2020 · 14 posts · 16 votes

Hi - I finally made the plunge and bought a multi-family in St. Louis.  I reside in FL.  I am looking to connect with CPA's in the St. Louis market.  Please reach out.

Thanks!

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Ashish AcharyaBusiness Member
CPA, CFP®, PFS · Sarasota, FL · Member since 2017 · 5k+ posts · 3k+ votes
5mo

Hey Amanda, congrats on the multifamily purchase in St. Louis! I will echo what Aaron said above, that it's worth connecting with a CPA who specializes in real estate. There are a lot of good CPAs out there, but not all understand the intricacies of strategies like REPs, STRs, Cost Seg, etc. There are some good options on BP that you'll see answering questions like this one and actually work virtually and serve clients nationwide, so you don't necessarily have to limit yourself to someone local to St. Louis. What matters more than location is finding someone who understands real estate tax strategy, multi-state filing obligations since you're a Florida resident with a Missouri property, and can help you maximize the tax benefits of your new investment. Best of luck and happy to connect!

[email protected]941-914-7779
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  • Johnny Lujan
    Accountant · CO · Member since 2026 · 11 posts · 9 votes
    5mo

    Congrats on the purchase! That’s exciting, especially jumping into multifamily.

    I’m not in the St. Louis market, so I’m probably not the best local connection for you. But as you’re looking for a CPA, I’d try to find someone who works with real estate investors regularly, not just someone who prepares general tax returns.

    A few things I’d look for:

    • 1. Experience with rental real estate and Schedule E reporting
    • 2. Understanding of depreciation, repairs vs. improvements, and basis tracking
    • 3. Familiarity with out-of-state rental ownership since you live in FL and the property is in MO
    • 4. Ability to help you think through entity structure, bookkeeping, and year-end planning
    • 5. Someone who will ask about your long-term goals, not just prepare the return after the year is over

    For a multifamily, I’d also want someone who can help you keep clean records from the beginning, especially with closing costs, loan fees, improvements, appliances, repairs, and any renovation work. That makes a big difference later for depreciation, future planning, and eventually when you sell or refinance.

    Congrats again on taking the plunge!

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  • Aaron ZimmermanBusiness Member
    Accountant · Chicago, IL · Member since 2018 · 2k+ posts · 1k+ votes
    5mo

    Congrats on the purchase! I'd encourage you to connect with a real estate cpa, not necessarily one that's in St. Louis. You'll be working with them remotely anyway. Most CPAs file in all 50 states.

    [email protected]
    Brick House CPAs53 Reviews
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  • Ashish AcharyaBusiness Member
    CPA, CFP®, PFS · Sarasota, FL · Member since 2017 · 5k+ posts · 3k+ votes
    5mo

    Hey Amanda, congrats on the multifamily purchase in St. Louis! I will echo what Aaron said above, that it's worth connecting with a CPA who specializes in real estate. There are a lot of good CPAs out there, but not all understand the intricacies of strategies like REPs, STRs, Cost Seg, etc. There are some good options on BP that you'll see answering questions like this one and actually work virtually and serve clients nationwide, so you don't necessarily have to limit yourself to someone local to St. Louis. What matters more than location is finding someone who understands real estate tax strategy, multi-state filing obligations since you're a Florida resident with a Missouri property, and can help you maximize the tax benefits of your new investment. Best of luck and happy to connect!

    [email protected]941-914-7779
    INVESTOR FRIENDLY CPA®4.9242 Reviews
    WebsiteView Page
    TaxMD® | Tax Planning Software
    WebsiteView Page
    1Reply
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