CPA Refferals for house hackers

Tacoma, Washington
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CPA Refferals for house hackers

James Jordan
Member since 2025 · 15 posts · 23 votes

Does anyone have a CPA recommendation for house hackers specifically? I just bought my first house in puyallup, wa and I plan on turning it into a house hack. Looking for someone to set me up for success in regards to taxes and accounting. This will be a mutually beneficial relationship as I will refer them to others.

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  • Kyle HendricksPro Member
    Lender · Member since 2021 · 170 posts · 74 votes
    6mo

    Joe Allen, CPA at taxman associates is awesome! He understands real estate investing as well!

    [email protected]253-355-0247
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    • James Jordan
      OP
      Member since 2025 · 15 posts · 23 votes
      5mo
      Quote from @Kyle Hendricks:

      Joe Allen, CPA at taxman associates is awesome! He understands real estate investing as well!


       Do you have contact info for Joe? I would like to reach out to him and see if he would be a good fit.

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    • Kyle HendricksPro Member
      Lender · Member since 2021 · 170 posts · 74 votes
      5mo
      Quote from @James Jordan:
      Quote from @Kyle Hendricks:

      Joe Allen, CPA at taxman associates is awesome! He understands real estate investing as well!


       Do you have contact info for Joe? I would like to reach out to him and see if he would be a good fit.


       Sending you a PM

      [email protected]253-355-0247
      0Reply
  • Aaron ZimmermanBusiness Member
    Accountant · Chicago, IL · Member since 2018 · 2k+ posts · 1k+ votes
    6mo
    Welcome! Happy to help and see if we’re a good fit. Many of my clients are currently house hackers and I’m a former house hacker myself.
    [email protected]
    Brick House CPAs53 Reviews
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  • Ashish AcharyaBusiness Member
    CPA, CFP®, PFS · FL · Member since 2017 · 5k+ posts · 3k+ votes
    6mo

    Hi James, congrats on the first property. House hacking is a great way to get started, and it's smart to make sure you have the tax side of things correct from the jump.

    You'll want to look for someone who can guide you on properly splitting personal vs. rental use, allocating expenses, and maximizing depreciation. It’s also important to work with someone who can think ahead as you grow, especially if you plan to add more properties or transition into full rentals or STRs down the line.

    There's a lot of great CPAs on here answering questions like this one. I'd recommend interviewing a few and see who you connect with. Good luck and happy to connect!

    [email protected]941-914-7779
    INVESTOR FRIENDLY CPA®5240 Reviews
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    TaxMD® | Tax Planning Software
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  • Fulton Abraham Sanchez
    CPA| New Clients Welcome| 50 States · Member since 2016 · 440 posts · 94 votes
    6mo

    @James Jordan, hi. Congrats on the house hack, that’s where smart tax planning really pays off. Key areas to get right early: rent allocation, expense split, depreciation, and tracking personal vs. rental use. I work with house hackers nationwide, happy to help you set it up right.

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  • Basit SiddiqiBusiness Member
    Accountant · New York, NY · Member since 2015 · 8k+ posts · 3k+ votes
    5mo

    House hacking makes your tax situation more complex.
    You purchased a property that is treated as both an investment property and a personal residence. As such, payments that you make need to be prorated between business deductions and personal deductions.

    Payments that you make normally fall into one of 3 buckets
    100% of the payment can be factored in somewhere on the return
    Partial payment can be factored somewhere on the return
    0% of the payment can be factored in somewhere on the return

    House-hacking also has considerable tax implications in the event that you want to sell this property.

    You can potentially defer a portion or all of the gain on the investment property with 1031 exclusion.
    You can potentially exclude a portion or all of the gain on the personal residence with section 121 exclusion.

    [email protected]917-280-8544
    Basit Siddiqi CPA4.979 Reviews
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