California CPA Recommendation

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California CPA Recommendation

Allen Tracy
Chatsworth, CA · Member since 2016 · 190 posts · 224 votes

Does anyone have a tax person they'd recommend? I live in California and have properties in Columbus, OH.  I'm open to CPAs all over the states but I've heard it might be better to get someone in California because of our specialized tax laws.  I've used the same tax guy for over 20 years only because he does the taxes for my parents and their business. He's a few hours away from me so I'm used to working remotely with a CPA. He doesn't give me the attention I require and sometimes doesn't even return my e-mails. I'm ready to move on and find someone who can help me grow my RE portfolio.

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Veronica Haniger
Santa Cruz, CA · Member since 2019 · 18 posts · 16 votes
4y

@Mark Frattini would love their contact info. I’m looking for someone to start planning out the next couple of years with. I’m a W2 employee that likes to buy and fix up short term rentals. I also am starting to manage a couple of other short term rentals so want to make sure I’m keeping as much of this income as possible.

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  • Allen Tracy
    OP
    Chatsworth, CA · Member since 2016 · 190 posts · 224 votes
    3y

    I've been really happy with mine, she's based out of San Diego but has helped me with my out of state properties.

    2Reply
  • David Bilandzija
    Lender · Venice, CA · Member since 2021 · 189 posts · 132 votes
    3y
    Quote from @Allen Tracy:

    Does anyone have a tax person they'd recommend? I live in California and have properties in Columbus, OH.  I'm open to CPAs all over the states but I've heard it might be better to get someone in California because of our specialized tax laws.  I've used the same tax guy for over 20 years only because he does the taxes for my parents and their business. He's a few hours away from me so I'm used to working remotely with a CPA. He doesn't give me the attention I require and sometimes doesn't even return my e-mails. I'm ready to move on and find someone who can help me grow my RE portfolio.

    @Allen Tracy  Try Chris Alexander.  He's in Woodland Hills.  My situation included investment property in Arizona.  He's easy to reach, knowledgeable and just down the road from you in Woodland HIlls off Ventura.  Good luck.   

    http://alexanderhansoninc.com/

    3Reply
  • Troy Nichols
    Member since 2020 · 1 post · 1 vote
    3y

    @Allen Tracy would you mind sharing your CPA information with me? I just purchased two rental properties in OH last year. I used to do my own taxes, but I think it’s time to bring in a professional.0

    1Reply
  • Allen Tracy
    OP
    Chatsworth, CA · Member since 2016 · 190 posts · 224 votes
    3y
    Quote from @Troy Nichols:

    @Allen Tracy would you mind sharing your CPA information with me? I just purchased two rental properties in OH last year. I used to do my own taxes, but I think it’s time to bring in a professional.0


     Message sent

    0Reply
  • Alexey Klimkov
    Member since 2021 · 4 posts · 2 votes
    3y

    @Allen Tracy @Mark Frattini would you guys mind sharing your CPAs contacts with me? 

    Or anyone else who can recommend a good CPA with short term rental loopholes knowledge in California! 

    Thanks you!

    2Reply
  • Katie Balatbat
    CPA and Attorney · San Diego, attorney · Member since 2022 · 301 posts · 219 votes
    3y

    @Alexey Klimkov

    I have referrals in San Diego - not sure where you're located.

    0Reply
  • Elmer Bonilla
    Member since 2021 · 26 posts · 19 votes
    3y

    @Peter Mckernan @Mark Frattini could you please also forward me the contact information for your CPAs? Thank you 

    1Reply
  • Andrew Strauss
    Accountant · Pasadena, CA · Member since 2014 · 102 posts · 36 votes
    3y
    Quote from @Mark Frattini:
    I've referred my CPA to several others on BP. Happy to connect and share their contact info.

     Hey Mark please PM your CPA looking for one to file my taxes have a great bookkeeper so filing should be easy.

    1Reply
  • Andrew Strauss
    Accountant · Pasadena, CA · Member since 2014 · 102 posts · 36 votes
    3y
    Quote from @Allen Tracy:

    I've been really happy with mine, she's based out of San Diego but has helped me with my out of state properties.

    @Allen Tracy Please do share your CPA I also have a property in AZ as well. Thanks

    2Reply
  • Linda WeygantPro Member
    Investor and CPA · Arvada, CO · Member since 2015 · 2k+ posts · 3k+ votes
    3y

    BiggerPockets now has a CPA referral page:

    https://www.biggerpockets.com/...

    Podcast Guest on Show #244
    1Reply
  • Sandeep Konda
    Member since 2022 · 1 post · 2 votes
    3y

    @Allen Tracy @Mark Frattini would you guys mind sharing your CPAs contacts with me?

    2Reply
  • Chi Zhang
    Member since 2023 · 8 posts · 4 votes
    3y
    Quote from @Mark Frattini:
    I've referred my CPA to several others on BP. Happy to connect and share their contact info.

     Hi Mark,

    Would you please pm your CPA's contact information? I'm looking for a CPA that's well-versed in short term rentals. Thanks!

    2Reply
  • Johnny Hernandez
    Gilroy, CA · Member since 2018 · 11 posts · 5 votes
    3y

    @Veronica Haniger

    Good morning. Did you find a CPA, tax strategist in the bay area?

    We are looking for one as well. I have STR and a LTR in the valley but want to smartly plan our next investments.

    2Reply
  • Pauline Choi
    Member since 2022 · 10 posts · 8 votes
    3y

    @Mark Frattini and @Peter Mckernan would you mind sharing your CPAs information with me? Thank you

    2Reply
  • Danny Carr
    Member since 2022 · 2 posts · 2 votes
    2y

    @Katie Balatbat would you mind sharing CPA's and/or attorneys that specialize in STRs? I'm in Orange County, but not against working with anyone outside the curtain.

    2Reply
  • Aaron L.
    New to Real Estate · Santa Monica · Member since 2020 · 3 posts · 3 votes
    2y

    @Mark Frattini Hi! Doing some research as we are looking to switch to a CPA who is better versed in real estate. Would appreciate your recommendation as well. Thank you

    2Reply
  • Meghan T Hession
    Member since 2023 · 2 posts · 4 votes
    2y

    @Peter Mckernan @Mark Frattini@Allen Tracy @Katie L. also looking for a RE-savvy CPA in California who can work with me to execute the STR strategy to offset W2 income with losses from a cost seg study I'm conducting. Would one of you mind sharing a rec? My CPA had no clue what I was talking about when I tried to explain the stategy to him, which does not instill confidence. Many of the tax planning service companies referenced herein want charge $5000-7000 for tax planning services which seems exorbitant for someone like me who is a single W2 earner with a pretty simple tax return. I understand these services may be beneficial for higher net worth folks with multiple properties, businesses, etc but I just need someone who understands the STR "loophole" to execute on one property. Any recs out there? Thanks in advance!!

    3Reply
  • Nate MeekerBusiness Member
    Real Estate CPA | California · Member since 2020 · 543 posts · 251 votes
    2y

    Over 75% of returns that I review from new clients have errors or missed opportunities that could cost them thousands over the years. While 5-7k is a fair for that expertise at times, I offer tax packages that many investors with 1-5 properties love and can afford. In my opinion, anything under a $1,000 though and the preparer is either rushing or not in high demand for their knowledge. 

    _____________________________

    Any post made by The CPA Realtor - Nate Meeker is informational only and does not create a client relationship. Readers are advised to engage a licensed professional who knows their situation before relying on their opinion.

    DRE# 02213689 CPA# 144976

    The CPA Realtor 569 Reviews
    WebsiteView Page
    1Reply
  • Meghan T Hession
    Member since 2023 · 2 posts · 4 votes
    2y

    @Nate Meeker absolutely agree a good CPA is worth the $$, and was expecting to spend well over 1000 for such services (I spent 1500 last year only to catch a lot of my CPA's mistakes); just sent you a DM, thx

    1Reply
  • Patrick Bran
    Member since 2023 · 1 post · 2 votes
    2y

    @Allen Tracy @Mark Frattini would you also mind PM'ing me your CPA recommendations? Thank you!

    2Reply
  • Sean O'KeefePro Member
    CPA | Accepting new clients | 50 States · Member since 2022 · 1k+ posts · 870 votes
    2y

    @Allen Tracy @Mark Frattini Yes, thank you! Appreciate it.

    [email protected]628-241-0888
    1Reply
  • Iris Dichupa
    Investor · Santa Cruz, CA · Member since 2022 · 5 posts · 4 votes
    2y
    Quote from @Allen Tracy:

    I've been really happy with mine, she's based out of San Diego but has helped me with my out of state properties.

    Hi Allen
    Could you kindly send over their contact info? Thanks!
    2Reply
  • Rhonda Coleman
    Member since 2024 · 1 post · 1 vote
    2y

    @Mark Frattini would you mind sending my your San Diego CPA referral as well. Thank you. 

    1Reply
  • Sean O'KeefePro Member
    CPA | Accepting new clients | 50 States · Member since 2022 · 1k+ posts · 870 votes
    2y

    Thanks Mark!

    [email protected]628-241-0888
    0Reply
  • Fulton Abraham Sanchez
    CPA| New Clients Welcome| 50 States · Member since 2016 · 430 posts · 93 votes
    2y

    Hi Allen. You've come to the right place, there are over 20 enlisted CPAs here in Biggerpockets working with real estate investors across different states. Feel free to reach out to one and set up a consultation call.

    0Reply
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