Updated almost 3 years ago on . Most recent reply
REI Friendly CPA
Hi everyone, i’m looking for a CPA (preferably houston/texas) that is RE savvy and can help us with setting up our business plus any tax strategies/deductions tips would be great! Thanks!
Most Popular Reply
We have found great success with the Wealthability CPA's. Tom Wheelwright wrote the book Tax-Free Wealth (you should buy and read immediately to orient yourself). Wealthability CPA's work 95% with real estate investors and really know and understand depreciation, 1031 exchanges, cost segregation, Real Estate Professional status (allows you to offset passive losses against W-2 income), etc. They saved us their first year's fee for monthly consultations and doing our taxes by examining our previous year's tax return and finding missed opportunities that our previous CPA missed because they weren't REI specialists. PM me if you want our guy. We live in Houston and he's from Utah but he understands and is licensed in TX.