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4
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4
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NaTonna Jones
Pro Member
4
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4
Posts

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1,841
Posts
687
Votes
Bill Hampton
Tax & Financial Services
Pro Member
  • Tax Strategist, Financial Planner and Real Estate Investor
  • Atlanta, GA
687
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1,841
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Bill Hampton
Tax & Financial Services
Pro Member
  • Tax Strategist, Financial Planner and Real Estate Investor
  • Atlanta, GA
Replied Mar 15 2024, 02:05

@NaTonna Jones


I recommend finding a tax strategist that specializes in real estate taxation. You may want to consider working with your tax strategist remotely to expand your options.

I would also recommend looking for a tax strategist who is willing to work with you throughout the year, not just when preparing your tax return. You want an accountant that can help you strategize and who is responsive when you want to know the tax consequences of the decisions you are making throughout the year.

Good luck in your search.

User Stats

746
Posts
341
Votes
Zachary Jensen
Tax & Financial Services
#2 Tax, SDIRAs & Cost Segregation Contributor
  • Accountant
  • San Diego, CA
341
Votes |
746
Posts
Zachary Jensen
Tax & Financial Services
#2 Tax, SDIRAs & Cost Segregation Contributor
  • Accountant
  • San Diego, CA
Replied Mar 15 2024, 07:19

To help in your search:

be sure to find an accountant who is willing to grow with you, and is not too high priced fee-wise. Not too low either, you don't want to go with someone who is just focused on price as this is a quality of a not-so-great accountant. Accountants are in such demand, that the best are not even accepting clients half the time.

The other problem I see often with accountants on here is that they specialize in larger investors, and have really high prices when you as a smaller investor do not need all the bells and whistles.

Another thing I see is folks thinking they need to have a tax professional in their state. We as a firm have investors working with us who have rental properties all over the US big and small.

Finding a real estate-focused tax professional and one who can help with advisory and grow with you would be my suggestion to focus your efforts on finding. Best of luck in your search!

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User Stats

4
Posts
4
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NaTonna Jones
Pro Member
4
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4
Posts
NaTonna Jones
Pro Member
Replied Mar 15 2024, 16:30

@Bill Hampton

This is great advice, thank you! I'm a new investor and still learning the ropes. I appreciate your response. Everything you mentioned is really helpful.

User Stats

78
Posts
76
Votes
Zac Mckenzie
  • Contractor
  • Columbus, OH
76
Votes |
78
Posts
Zac Mckenzie
  • Contractor
  • Columbus, OH
Replied Mar 16 2024, 04:29

We use Busch Tax Company based out of New Albany. They specialize in RE Accounting and service many other local investors. They are also active RE investors in the Columbus market so it should give confidence that they practice what they preach. 

User Stats

4
Posts
4
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NaTonna Jones
Pro Member
4
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4
Posts
NaTonna Jones
Pro Member
Replied Mar 16 2024, 07:40
Quote from @Zac Mckenzie:

We use Busch Tax Company based out of New Albany. They specialize in RE Accounting and service many other local investors. They are also active RE investors in the Columbus market so it should give confidence that they practice what they preach. 

 Thank you so much for the recommendation!

User Stats

746
Posts
341
Votes
Zachary Jensen
Tax & Financial Services
#2 Tax, SDIRAs & Cost Segregation Contributor
  • Accountant
  • San Diego, CA
341
Votes |
746
Posts
Zachary Jensen
Tax & Financial Services
#2 Tax, SDIRAs & Cost Segregation Contributor
  • Accountant
  • San Diego, CA
Replied Mar 16 2024, 08:03
Quote from @NaTonna Jones:
Quote from @Zac Mckenzie:

We use Busch Tax Company based out of New Albany. They specialize in RE Accounting and service many other local investors. They are also active RE investors in the Columbus market so it should give confidence that they practice what they preach. 

 Thank you so much for the recommendation!


 Happy to help! 

User Stats

4,990
Posts
5,698
Votes
Remington Lyman
  • Real Estate Agent
  • Columbus, OH
5,698
Votes |
4,990
Posts
Remington Lyman
  • Real Estate Agent
  • Columbus, OH
Replied Mar 18 2024, 06:58
Quote from @NaTonna Jones:

Hi - can anyone recommend a reputable real estate tax professional?


I can send you some CPA referrals that work in Columbus, Ohio.
  • Real Estate Agent Ohio (#2019003078)

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User Stats

4
Posts
4
Votes
NaTonna Jones
Pro Member
4
Votes |
4
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NaTonna Jones
Pro Member
Replied Mar 18 2024, 07:14

Thank you, Remington!

User Stats

1,599
Posts
1,618
Votes
Marc Rice
  • Real Estate Agent
  • Columbus, OH
1,618
Votes |
1,599
Posts
Marc Rice
  • Real Estate Agent
  • Columbus, OH
Replied Mar 19 2024, 05:38
Quote from @NaTonna Jones:

Hi - can anyone recommend a reputable real estate tax professional?


 Happy to share some referrals.