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Neel Shah
  • Billerica, MA
3
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21
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CPA specializing in Real-Estate in MA

Neel Shah
  • Billerica, MA
Posted Jan 21 2023, 19:17

Hello everyone!

I am looking for an experienced real-estate focused CPA/EA to help maximize my returns.  
I work full time (W2 income), stocks/RSU, and have several real-estate properties. I sold 2 properties this year so I really need someone who can help minimize my taxes. 

My preference is MA-based CPA (near Billerica/Boston) so I can meet in person.

Any suggestions or referrals would be greatly appreciated!
Thanks everyone!

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Bryan Martin
Tax & Financial Services
Pro Member
  • Accountant
  • Springfield, IL
93
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170
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Bryan Martin
Tax & Financial Services
Pro Member
  • Accountant
  • Springfield, IL
Replied Jan 22 2023, 14:22
Quote from @Neel Shah:

Hello everyone!

I am looking for an experienced real-estate focused CPA/EA to help maximize my returns.  
I work full time (W2 income), stocks/RSU, and have several real-estate properties. I sold 2 properties this year so I really need someone who can help minimize my taxes. 

My preference is MA-based CPA (near Billerica/Boston) so I can meet in person.

Any suggestions or referrals would be greatly appreciated!
Thanks everyone!


I don't know anyone specifically in Massachusetts, but there's a lot of great CPAs on BP that will work with you virtually.  Totally understand if you want a local one though.

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2,173
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1,615
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Lien Vuong
  • Real Estate Agent
  • Boston, MA
1,615
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2,173
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Lien Vuong
  • Real Estate Agent
  • Boston, MA
Replied Jan 23 2023, 06:54

Local expertise is not really necessary, my person is based out of state. Make sure they are a CPA and have an Enrolled Agent on staff that understands cost segs, 1031x, and depreciation on your assets. What you frankly likely need is a tax consultant rather than just a preparer. 

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Sanderson Mittnacht
Pro Member
  • Investor
  • Chatham, NJ
19
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35
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Sanderson Mittnacht
Pro Member
  • Investor
  • Chatham, NJ
Replied Jan 23 2023, 07:01
Quote from @Lien Vuong:

Local expertise is not really necessary, my person is based out of state. Make sure they are a CPA and have an Enrolled Agent on staff that understands cost segs, 1031x, and depreciation on your assets. What you frankly likely need is a tax consultant rather than just a preparer. 


This is probably a silly question but how do you know the difference (Tax Consultant vs Tax Preparer)? Do you have any tips/tricks to identify this easily? I'm looking for a CPA as well and wondering what are some good questions to ask when evaluating CPAs.

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Lien Vuong
  • Real Estate Agent
  • Boston, MA
1,615
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2,173
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Lien Vuong
  • Real Estate Agent
  • Boston, MA
Replied Jan 23 2023, 07:15

A strategist/consultant would act to give you specific prescriptions on what to do to limit or reduce your tax liabilities quarterly/annually. A preparer is someone you meet Feb-March each year to prepare the taxes and file. One is proactive and another is reactive. 

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21
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Neel Shah
  • Billerica, MA
3
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21
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Neel Shah
  • Billerica, MA
Replied Jan 23 2023, 08:25
Quote from @Lien Vuong:

Local expertise is not really necessary, my person is based out of state. Make sure they are a CPA and have an Enrolled Agent on staff that understands cost segs, 1031x, and depreciation on your assets. What you frankly likely need is a tax consultant rather than just a preparer. 


 Thanks Lien!
Would you mind sharing tap preparer's contact info? DM is fine as well.

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Lien Vuong
  • Real Estate Agent
  • Boston, MA
1,615
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2,173
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Lien Vuong
  • Real Estate Agent
  • Boston, MA
Replied Jan 23 2023, 11:28

You can private message me. 

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58
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Rene Bee
  • New to Real Estate
  • Atlanta, Ga
11
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58
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Rene Bee
  • New to Real Estate
  • Atlanta, Ga
Replied Jan 23 2023, 12:26
Quote from @Lien Vuong:

Local expertise is not really necessary, my person is based out of state. Make sure they are a CPA and have an Enrolled Agent on staff that understands cost segs, 1031x, and depreciation on your assets. What you frankly likely need is a tax consultant rather than just a preparer. 

 @Lien Vuong do you recommend your CPA? If so can you PM the info.  Thx!