Bigger Pockets is a great place to find a tax accountant specializing in real estate taxation.
A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.
I recommend finding an accountant specializing in real estate taxation, business taxation, financial planning and tax planning.
Consider working with your accountant remotely to expand your options.
I would also recommend looking for an 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.
Can any CPA that is taking new clients message me, I am a metro Atlanta investor with 9 rental properties and need help with taxes.
Hi Samuel, feel free to reach out via email to any of the real estate-savvy CPAs here on BiggerPockets. Many of us work with real estate investors across multiple states and can help guide you in the right direction. Best of luck!
I’d recommend reaching out to a few different accountants to see who you connect well with. BP has a good list of people that can service your situation. I’d recommend not limiting your search just to Atlanta.
I saw you previously had a post on 750 hours and real estate professional status.
The two requirements for real estate professional status are 1) Spend 750 hours on real estate related activities 2) Spend more time on real estate than your W-2 job or business.
You want to have a conversation with your accountant to see what hours count and what hours don't count. Furthermore, your accountant may have a nice template for you to use to make your recordkeeping easier.