Hi, we just moved to the area and we recently bought a multi-family home. My husband and I both work full-time, and do freelancing as a side hustle, on top of being new landlords. We need a savvy, CPA expert to help us navigate our taxes! Any recommendations? Thanks!
Accountant · Melissa, TX (Remote) · Member since 2017 · 210 posts · 135 votes
1y
Hi Jojo, welcome to BP! Congratulations on your multi-family investment. I would highly recommend reaching out to a tax professional you see active in the forums but most of us are remote. You can also ask local real estate investors for tax professional recommendations. Lastly, BP has a feature called "build your investing team" in which you can ask to be connected with a tax professional.
You came to the right place. A good real estate accountant can save you a ton of money using entity selection and formation, tax deductions and tax planning.
Since you are freelancing, I recommend finding an accountant who specializes in business taxation, real estate taxation and tax planning.
You may want to consider working with your accountant remotely to expand your options.
I would also recommend looking for a accountant willing to work with you throughout the year. You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.
There are over 20 real estate accountants on this site. Reach out to a few and see who you like.
You can also ask members of your local real estate investors association for real estate accountant recommendations.
Hi, we just moved to the area and we recently bought a multi-family home. My husband and I both work full-time, and do freelancing as a side hustle, on top of being new landlords. We need a savvy, CPA expert to help us navigate our taxes! Any recommendations? Thanks!
Congrats on the move! I work with clients just like yourself daily. We are Real Estate CPAs, and every day, we help clients with investments and lowering their tax liability. We would love to speak with you. You can call us at 1-800-522-6091 or email us at [email protected]
Check out our Google Reviews from the clients we worked with in Tax Planning and strategy.
Accountant · New York, NY · Member since 2015 · 8k+ posts · 3k+ votes
1y
Do you live in the multi-family home that you purchased? If you do, this is considered house-hacking and it has unique tax implications to you.
Since you do free lancing in addition to owning a rental, you want a tax professional who understands small business taxation on top of real estate taxation.