Looking for real estate CPA in California

Looking for real estate CPA in California

Member since 2020 · 26 posts · 26 votes

Can anyone recommend a great real estate CPA in California? Or better to go with a real estate tax attorney? I have K-1, schedule C, lots of depreciation from real estate syndication K-1s. Thank you.

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  • Nate MeekerBusiness Member
    Real Estate CPA | California · Member since 2020 · 544 posts · 251 votes
    3y
    Quote from @Kate Lee:

    Can anyone recommend a great real estate CPA in California? Or better to go with a real estate tax attorney? I have K-1, schedule C, lots of depreciation from real estate syndication K-1s. Thank you.


     Hey Kate, I am currently accepting new clients. Those items you listed are pretty straightforward and shouldn't need a tax attorney. A blind estimate would be anywhere from $750 to $2k depending on how involved your Sch C is and how many K-1s you have. 


    I do work with a few tax attorneys though when needed on more complex sales or acquisitions if something of that nature is in your future. 

    Let me know if I can be of any help! 

    The CPA Realtor 573 Reviews
  • Basit SiddiqiBusiness Member
    Accountant · New York, NY · Member since 2015 · 8k+ posts · 3k+ votes
    3y

    When selecting an accountant, make sure that they are familiar with California state taxation.

    Having a lot of K-1's that are real estate focused likely presents Federal / State differences since California does not recognize bonus depreciation.
    This is likely captured on the state K-1 provided by the sponsor.

    Best of luck.

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