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Updated almost 6 years ago on . Most recent reply presented by

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Russell Dodd
  • Billerica, MA
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Real Estate Tax Accountant

Russell Dodd
  • Billerica, MA
Posted

I used a general unknown to me accountant and I had to pay a lot to the IRS. Having two rental properties I feel that I should not have paid or paid so much. I know the tax laws changed but...… Should I just live with the outcome or find a accountant with more investor/RE experience and do you have any recommendations?

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Daniel Hyman
  • CPA
  • Milwaukee, WI
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Daniel Hyman
  • CPA
  • Milwaukee, WI
Replied

Do you have any reason to believe they were prepared incorrectly? Depending on the type of rentals, its possible that the schedule E did not factor much into the equation of your total tax liability.

  • Daniel Hyman
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My Online Accountant
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