Tax Professional In Atlanta

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Tax Professional In Atlanta

Member since 2020 · 1 post · 0 votes

Hello.....biggerpockets family. I'm in need of a tax professional to help with my 2023 taxes. I'm hoping for someone that can help validate if we qualify for/as a real estate professional as well as 2023 tax prep/filing.

Open for recommendations in the Atlanta Market.

Thanks !

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  • Real Estate Consultant · Roswell, GA · Member since 2023 · 50 posts · 26 votes
    2y


    @Mario Richardson

    I've been working with Davis & Associates for years. They are in Woodstock, GA. Not quite in the city, but they are great. 

  • Basit SiddiqiBusiness Member
    Accountant · New York, NY · Member since 2015 · 8k+ posts · 3k+ votes
    2y

    There are two requirements to claim real estate professional status
    1) 750 hours on real estate related activities
    2) Spending more time on real estate compared to something else such as your W-2 job / Business

    I created a nice template for clients to document their real estate hours.

  • Sean O'KeefePro Member
    CPA | Accepting new clients | 50 States · Member since 2022 · 1k+ posts · 871 votes
    2y

    How much you participate and how this compares to your W=2 / other income sources is key. 

    Keep in mind, if you're married you may also have the option of counting the time your spouse spends on real estate toward REPS. 

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    *This post does not create a CPA-client relationship. The information contained in this post is not to be relied upon. Readers are advised to seek professional advice.

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