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Updated over 5 years ago on . Most recent reply presented by

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Alex Nelson
  • Arlington, TX
47
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82
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How to find a Real Estate savvy CPA?

Alex Nelson
  • Arlington, TX
Posted
Hi BP community,

I am in my first year of investing. I currently own one duplex which i am still renovating and hope to start renting here in a few months.I purchased this duplex last year and have never filed taxes as a homeowner/investor. I figured it would be a good idea to seek out the help of a CPA that is well versed in real estate and investment tax laws to help me with this. I have always filed taxes myself using turbotax or something like it. I have never used a CPA so i am unsure how to find one that would be knowledgeable in real estate.

What is your best advice for finding a CPA who is savvy in real estate taxation? do you think I need to use a CPA with only 1 property or should I save the cash and do them myself? what questions would you ask to determine if a CPA is real estate savvy?

thank you!

Most Popular Reply

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Natalie Kolodij
  • Tax Strategist| National Tax Educator| Accepting New Clients
4,499
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3,749
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Natalie Kolodij
  • Tax Strategist| National Tax Educator| Accepting New Clients
ModeratorReplied

If only the internet had some kind of website. 

Filled with people involved with real estate.

And where you could literally read through  YEARS of answers and content these people had provided, possibly about tax matters related to real estate. 

That would be an excellent way to find a RE specialized tax professional. 

Sigh. 

If only we had that. 

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Kolodij Tax & Consulting

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