Accountant familiar with short term rental tax rules

Accountant familiar with short term rental tax rules

Member since 2022 · 13 posts · 12 votes

I am looking for an accountant who is familiar with short term rental tax rules. This will be my first year dealing with this and I want to know what to be aware of when running my rental. Details like how to file, and what to avoid, like length of stays etc. I don't want to arrive at tax season and realize that if only I knew XYZ, I could have avoided certain taxes...

I would appreciate any recommendations of an accountant that can help with this. I am located in Wilmington, NC.

Thank you!

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  • Member since 2022 · 1k+ posts · 1k+ votes
    4y

    Bump!

  • Real Estate Agent · Smoky Mountains, TN · Member since 2022 · 1k+ posts · 984 votes
    4y

    learnlikeacpa.com this is Ryan Bakke. There are many threads were others are recommended so do a search!

  • Real Estate Agent · Seattle, WA · Member since 2019 · 243 posts · 246 votes
    4y

    Ryan Bakke is pretty good. Another person to consider is Tony Hoong (https://thecpadude.com/).

  • Ryan MoyerBusiness Member
    Property Manager · Orlando Kissimmee Davenport Salt Lake City, Park City · Member since 2019 · 996 posts · 1k+ votes
    4y

    I just signed up with TrueBooks, which is Ryan Pineda's (featured on a few BP podcasts) company.  He's not a CPA, but it's the CPA company he created to do his taxes.

    It's expensive, and I am just getting started so I can't say good or bad yet, but throwing the name out there as they are very real estate focused.

    Cosmic Vacations4.9175 Reviews
  • Member since 2023 · 1 post · 0 votes
    3y

    Hey Ryan I was considering truebooks as well. You said they are quite expensive. Do you mind sharing how expensive?

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