Identifying a new CPA in a new market?

Question

Hello Everyone,

With tax season right around the corner, my wife and I are looking to get the ball rolling on finding a CPA before tax season ramps up. Our property is in the Buffalo market, but I was wondering how folks approached securing a CPA, specifically in a new market where you may not have an entire "team" in place yet? Ideally, would prefer a CPA with knowledge of WNY/Buffalo market. Best starting point outside of a broad Google search? Appreciate any insight on this. Thanks!

Michael Plaks · Answer

This forum features 20+ real estate accountants, and we all work nationwide. You can start by reaching out to two NY-based CPAs: @Nicholas Aiola and @Basit Siddiqi. Just wait a few days, because we all are swamped until Oct 15, the IRS deadline.

Khaled Morad · Answer

Check out Heath Hendrickson from Allied Financial. He's extremely helpful and is happy to spend the time explaining and answering all your questions. I've learning there's a different kinds of good CPAs: Those who simply do/file things right. And those who do things right but also go the extra mile to meet your tax goals, make suggestions, and help you maximize your options.

Natalie Kolodij · Answer

If your focus is real estate there are lots of good tax professionals here who specialize in REI nad work with clients all over the country.

Seidy Lasker · Answer

@Algerson Andre

Call Ashish for a free consultation whos on here. InvestorFriendlyCPA.com

Basit Siddiqi · Answer

Below are some tips to find a Local CPA that specializes in real estate

1) Attend a Local REIA / Real Estate meetup and see who other investors are using as a CPA2) Network with other investors from your City/State that you find on bigger pockets and see who they use as a CPA3) Look for CPA's with good google/yelp reviews where 'real estate' is mentioned in the review.4) Verify that your CPA is licensed. Many 'tax professionals' lie that they are a CPA.

Here is a link that you can use to verify that your CPA is licensed within the state of New York

http://www.op.nysed.gov/opsear...

Algerson Andre · Answer

Appreciate the feedback folks!

Identifying a new CPA in a new market?

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