Skip to content
Classifieds

User Stats

20
Posts
4
Votes
Lily Ardila
  • Realtor
  • Silver Spring, MD
4
Votes |
20
Posts

Looking for CPA with Real Estate Specialty (local or virtual) in Maryland

Lily Ardila
  • Realtor
  • Silver Spring, MD
Posted Jan 23 2024, 11:49

Hi!

We are real estate investors and I am also a Realtor/Loan Officer, and we are looking for a CPA with a real estate specialty. Anyone have any good recommendations?

Thanks!

User Stats

4
Posts
1
Votes
Replied Jan 23 2024, 11:59

Hey Lily https://www.primecorporateservices.com/tax-planning/ is a great service to use. They are specialized in real estate tax planning.

User Stats

674
Posts
428
Votes
Sean O'Keefe
Pro Member
  • CPA | California
428
Votes |
674
Posts
Sean O'Keefe
Pro Member
  • CPA | California
Replied Jan 23 2024, 15:55

@Lily Ardila I don't think the location of the CPA matters provided that they have a solid background in Real Estate and software/tools to support you remotely.

There are 20+ real estate CPAs commenting in this forum. Pick one that is commenting on your specific situation and DM them.

BiggerPockets logo
Find, Vet and Invest in Syndications
|
BiggerPockets
PassivePockets will help you find sponsors, evaluate deals, and learn how to invest with confidence.

User Stats

7,638
Posts
3,225
Votes
Basit Siddiqi
Pro Member
#2 Tax, SDIRAs & Cost Segregation Contributor
  • Accountant
  • New York, NY
3,225
Votes |
7,638
Posts
Basit Siddiqi
Pro Member
#2 Tax, SDIRAs & Cost Segregation Contributor
  • Accountant
  • New York, NY
Replied Jan 24 2024, 13:39

If you are a realtor, you have a small business and want to consider the following items

1) Is it possible to set up an S-Corp to save on self-employment taxes
2) Should you set up a retirement account such as a solo401k or a SEP IRA
3) Are you eligible for a home office deduction
4) Etc

Also, given that you are a realtor, it may make it easier to claim real estate professional status.

User Stats

854
Posts
400
Votes
Zachary Jensen
Tax & Financial Services
  • Accountant
  • San Diego, CA
400
Votes |
854
Posts
Zachary Jensen
Tax & Financial Services
  • Accountant
  • San Diego, CA
Replied Jan 29 2024, 07:46

Hey Lily, 

We specialize in working with real estate investors big and small! We are accepting just a few more clients for the 2023 tax season if you want to take a look at our website in my bio, and fill out the contact form we can be in touch!