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

User Stats

124
Posts
38
Votes
Oleksandr Ivanovskiy
  • Rental Property Investor
38
Votes |
124
Posts

Looking for Real estate CPA

Oleksandr Ivanovskiy
  • Rental Property Investor
Posted

Looking for CPA experienced in real estate.

  • Oleksandr Ivanovskiy
  • Most Popular Reply

    User Stats

    255
    Posts
    269
    Votes
    Jake Hottenrott
    • CPA
    • Belleville, IL
    269
    Votes |
    255
    Posts
    Jake Hottenrott
    • CPA
    • Belleville, IL
    Replied

    @Oleksandr Ivanovskiy - I’m going to politely but firmly disagree with @James Mc Ree.

    Many CPAs are general practitioners and will literally try to do any tax return that walks into their office. While a general CPA should be good enough to do a basic real estate return, I see many many returns that I review miss basic deductions.

    I would look at the Tax Pros on this site. They are typically niched in the real estate investing world. Also, your ideal CPA isn’t going to be just compliance. They are going to be forward facing planning and tax strategy. Nearly every traditional CPA works solely on compliance and just “does” tax returns.

    Best of luck!

  • Jake Hottenrott
  • Loading replies...