Seeking a CPA / Acct for Tax Preparation, Tax Planning (year-round), Bookkeeping

[Bret M.]

I am looking for an Accountant / CPA who can assist me with best practices as it relates to organizing my real estate business from a tracking/finance perspective. (what to do and what not to do) as I am buying in my name for now. Someone who would be open to sharing their experience with the correct way to organize finances for my portfolio. I am also seeking ongoing Tax planning and will need personal / business tax filing, eventually moving to an LLC.

(Expense/Income) best practices - I am currently using spreadsheets and do a good job of tracking dates/invoices..etc.

If anyone has contacts / or offers these services, Let's connect as I would like to learn more.

I do own a rental and plan on scaling! I live in CA and have rentals in Ohio.

-Bret

[Cory Vitale]

Congrats on taking the step to identify an important and often overlooked aspect of real estate investing. When I reached a handful of units in my personal real estate investing journey, I was so glad that I leveraged my background as a CPA to set things up in a way that actually enabled scaling.

I found a balance that allowed me to be scrappy with managing my rentals without attempting to do everything in a single Excel spreadsheet. Instead, I got the best bang for my buck by killing several birds with one stone. For example, if I was paying for a property management software for leasing, tenant management, payments, etc., I made sure it had a GL system on the backend that could also support doing my books. That way, I wasn't paying for more than I needed but the runway for scale was there.

Boy was I glad that happened, because seller financed and other opportunities to acquire a higher volume presented themselves and I was ready for it! Now I've turned my focus to helping clients do something similar from an accounting, bookkeeping and advisory perspective.