Finding a CPA

[Rick Rajeesh]

I'm completely new to real estate investing. I'm a physician with W-2 income and have been doing my own taxes for years, but as I'm reading more about real estate and tax advantages, I feel like having a CPA for advice and tax preparation will be necessary for me going forward. How do I go about finding a good CPA (I'll be mostly investing in Houston - does it matter to have someone local)? I've also read some articles/posts where people recommend having a CPA for your real estate and a CPA for all your other matters. Seems overkill to have two. Is it realistic to find one person to handle my situation? Thanks!

[Cameron Jones]

Hi Rich, congratulations for getting your real estate journey. You will soon find all of the incredible tax advantages to having a real estate portfolio, however, how much you can benefit will depend on your commitment to find a solid bookkeeping & tax strategy solution. 

Bookkeepers and tax professionals no longer need to be local since all of our work can efficiently be done remotely with virtual meetings, cloud based accounting software, and secure client portals. 

You'll need accurate books to keep track of your business income, expenses, and properties. There are many nuances to real estate accounting where you'll want to ensure that everything is done right. 

You should find a CPA that specializes in real estate since that person can also help you with your personal needs. 

If you need support with finding bookkeeping and CPA professionals that specializes in real estate, feel free to reach out to me.

Wishing you much luck in your journey.