Does anyone know a top notch Rental Property tax accountant in Philadelphia? I got 2 new HVAC systems and want to determine if I can write off the full amount on this years tax returns. Thank you!
Not sure of a top notch CPA in Philadelphia... however if you are open to working electronically/remotely there are plenty of tax CPAs/EAs on this sub-forum that work with clients all over the US. General advice is to read the forum, see who you get value from, jot down names, and reach out.
Depending on whether or not the property(ies) in question were commercial, as opposed to residential, you may be able to take advantage of special HVAC treatment under the newly beefed up S179 [IRC Sec 179(e)(2)(B)].