Looking for a tax expert on real estate investing
5 Replies
Rita Butts
from San Antonio, Texas
posted over 3 years ago
I need to know how to shelter my investment property income and the tax laws concerning selling investment property. Anyone know a good real estate tax expert in San Antonio? Preferably one is isn't so busy they don't have time or aren't so expensive a newbie couldn't afford them.
Steven Hamilton II
Accountant from Grayslake, IL
replied over 3 years ago
Originally posted by @Rita Butts :
I need to know how to shelter my investment property income and the tax laws concerning selling investment property. Anyone know a good real estate tax expert in San Antonio? Preferably one is isn't so busy they don't have time or aren't so expensive a newbie couldn't afford them.
A good accountant should cost you a fair amount. (You get what you pay for) That said, they should be saving you at least as much. I do not know of anyone int he San Antonio area; however, there are many of us accountants with clients worldwide.
You want to consider a 1031 exchange to shelter gains on a rental. If you are actually just selling it there are a great deal of things to factor in.
Paul Timmins
from Boston, Massachusetts
replied over 3 years ago
You might connect with Amanda Han who is active on BP, check her blogs etc. She is a real estate CPA
Paul
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Seth Teel
Investor from San Antonio, Texas
replied over 3 years ago
I have used both of these: Ed Guerrero is used by many realtors, and real estate investors. Rick Guerra is an Atty that specializes in working with RE investors. He has filed my tax returns the last 3 years.
Ed Guerrero
Guerrero CPA
508 W. Rhapsody
210-490-7100 www.guerrerocpa.com
Law Offices of Rick Guerra (also a tax professional)
Steve Almaraz - Executive Manager
7310 Blanco Rd., Ste 208
San Antonio, TX 78216
(210) 884-0259 Mobile
(866) 325-0341 Fax
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