Looking for a CPA that understands very well Real Estate

Looking for a CPA that understands very well Real Estate

Member since 2022 · 20 posts · 12 votes

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. 

Thank you

2Reply
24 views

7 Replies

Jump to latestLatest
  • Bill HamptonBusiness Member
    Accredited Investment Fiduciary, AIF®, Financial Planner, Tax Strategist, Real Estate Investor · Atlanta, GA · Member since 2012 · 2k+ posts · 979 votes
    1y

    @Samuel Kim

    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.

    Good luck.

    Hampton Tax and Financial Services LLC4.7106 Reviews
  • Sean GrahamBusiness Member
    Investor , CPA · Detroit, MI · Member since 2016 · 587 posts · 249 votes
    1y
    Quote from @Samuel Kim:

    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. 

    Thank you

    BiggerPockets is a good place to search. You’re on the right path! 
    Maven Cost Segregation Tax Advisors553 Reviews
  • CPA| New Clients Welcome| 50 States · Member since 2016 · 440 posts · 97 votes
    1y
    Quote from @Samuel Kim:

    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!

  • Aaron ZimmermanBusiness Member
    Accountant · Chicago, IL · Member since 2018 · 2k+ posts · 1k+ votes
    1y

    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. 

  • Specialist · Long Beach, CA · Member since 2011 · 888 posts · 401 votes
    1y

    I have a few CPA's that I could recommend. However if you are looking for them to prepare your 2024 returns, they are too busy right now. 

  • Member since 2022 · 20 posts · 12 votes
    1y
    Quote from @Aristotle Kumpis:

    I have a few CPA's that I could recommend. However if you are looking for them to prepare your 2024 returns, they are too busy right now. 


     Yes need CPA to prepare 2024 is it too late?

  • Basit SiddiqiBusiness Member
    Accountant · New York, NY · Member since 2015 · 8k+ posts · 3k+ votes
    1y

    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.

Join the conversationCreate a free account to reply, vote on answers and follow this thread.