At what financial situation should you seek a CPA?
I am 18 years old, becoming a real estate agent once I graduate high school in May, will be attending college, and am looking at buying my first rental property within the next 6 months. My last post asked about using your car as a tax deduction as a real estate agent, and most everyone had their own view on it but then ended their comment with “talk to your CPA.” I know CPA’s can get fairly expensive and with only around $10,000 to my name, I do not think spending a large chunk of that on a CPA would be wise. My question is, at what point should I seek out a CPA? Is there a certain number of properties I should own before seeking a CPA’s advice? A certain income amount? A certain age? Just would like to hear everyone’s thoughts on this. Thanks