Small Business + Real Estate Account Different States Acctg

[Chirag Shah]

Hey all,

I have a small business incorporated in FL generating ~35K in passive revenue (split 2 ways), and also one investment property (soon to be 2!) in Texas. I was wondering what state my accountant should be in, or if it matters at all?

Thanks,

Chirag

[Daniel Hyman]

Chirag Shah

If your Florida business has some specific regulations, then you might want an accountant more familiar with that state. Otherwise, see if you click with one of the BP CPAs who specialize in real estate. Most of us work with investors in all 50 states.