Real Estate Minded CPA Recommendations?

7 Replies

Hello BP,

I am new here and fairly new to the real estate investing marketplace.  I personally own (but will transfer deed to a SMLLC) a NJ condo that I rent out but would like to utilize a 1031 exchange to pick up a few smaller rental properties.   I have the 1031X service picked, but would like to begin a long-term relationship with a knowledgeable CPA who knows how to properly use the tax code to advance my wealth.  

Along with my fiance, we would like to generate more passive income and grow our portfolio but need expert advice along the way.  We live in Brooklyn and would like to work with someone in our area.  If you have any recommendations we would love to hear them.  

Thank you for your time,

Steve G

@Steve Genna

Two of the NYC-based real estate CPAs on this forum are @Nicholas Aiola and @Taylor Brugna . Two NJ-based CPAs are @Jay Patadia and @Simon Filip.

With today's technology, however, face-to-face is really not necessary, so if you want more choices - you can consider any accountant from this forum whose posts you like. We all are real estate experts and work nationwide.

@Michael Plaks thank you for the mention!

@Steve Genna feel free to reach out with any questions - happy to help.

And Michael is absolutely right, there are a number of knowledgeable professionals on BP (Michael is exhibit A) - shop around a bit and see who's the best fit for you. Good luck!

Originally posted by @Steve Genna :

Hello BP,

I am new here and fairly new to the real estate investing marketplace.  I personally own (but will transfer deed to a SMLLC) a NJ condo that I rent out but would like to utilize a 1031 exchange to pick up a few smaller rental properties.   I have the 1031X service picked, but would like to begin a long-term relationship with a knowledgeable CPA who knows how to properly use the tax code to advance my wealth.  

Along with my fiance, we would like to generate more passive income and grow our portfolio but need expert advice along the way.  We live in Brooklyn and would like to work with someone in our area.  If you have any recommendations we would love to hear them.  

Thank you for your time,

Steve G

Best of luck to you on your Journey. @Nicholas Aiola is a CPA active here, he's in NYC. I have a few CPA contacts in Brooklyn if you are interested you can PM me.

Thank you all for the recommendations and notes.  I've reached out to Nicholas and look forward to our conversation.  Any other recommendations are certainly welcome in the interim.  I look forward to utilizing BP.com more as the community appears very informed and productive!