Skip to content
×
PRO Members Get
Full Access
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime.
Level up your investing with Pro
Explore exclusive tools and resources to start, grow, or optimize your portfolio.
10+ investment analysis calculators
$1,000+/yr savings on landlord software
Lawyer-reviewed lease forms (annual only)
Unlimited access to the Forums

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago on . Most recent reply

User Stats

7
Posts
2
Votes
Edwin Hidalgo
  • Long Beach, CA
2
Votes |
7
Posts

Bought my first multi family property.

Edwin Hidalgo
  • Long Beach, CA
Posted

Hey everyone,

Just bought my first multi family property (duplex). Excited that I made the jump into “financial freedom”. Anyways I’m looking for guidance or just a helping hand into the world of taxes. Im knowledgeable on a few things that can be deducted but to be honest I have other questions that I feel can be best answered with a phone call. I hope someone can help!

Thank you!!!

Most Popular Reply

User Stats

2,438
Posts
938
Votes
Bill Hampton
  • Accredited Investment Fiduciary (AIF®), Financial Planner, Tax Strategist, Real Estate Investor
  • Atlanta, GA
938
Votes |
2,438
Posts
Bill Hampton
  • Accredited Investment Fiduciary (AIF®), Financial Planner, Tax Strategist, Real Estate Investor
  • Atlanta, GA
Replied

Edwin, congratulations. 

I recommend finding an accountant that specializes in real estate taxation. You may want to consider working with your accountant remotely to expand your options.

I would also recommend looking for a tax strategist who is willing to work with you throughout the year, not just when preparing your tax return. You want an accountant that can help you strategize and who is responsive when you want to know the tax consequences of the decisions you are making throughout the year.

Good luck and let me know if I can be of assistance.

  • Bill Hampton
  • 404-482-3170
business profile image
Hampton Tax and Financial Services, LLC.
4.8 stars
96 Reviews

Loading replies...