In need of local CPA with Real Estate experience

In need of local CPA with Real Estate experience

Real Estate Agent and Investor · New Orleans, LA · Member since 2016 · 8 posts · 5 votes

My two brothers and I are just starting out in this industry. We just bought our first property which is a 4-unit in Baton Rouge. Before things really get going, we would like to sit down with a CPA for a little direction and guidance on Accounting.

Tips/advice? Software: Quickbooks/Xero? Etc.

Does any one have any recommendations in the Baton Rouge, New Orleans areas?

Thanks in advance.

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CPA · New York, NY · Member since 2016 · 203 posts · 132 votes
9y
Justin Tortorich Best of luck with your new venture! I understand if you want somebody local, but expanding your search nationwide will definitely increase the talent pool and you'll find more real estate specialists. Not much is actually done face to face anymore. There are plenty of us on BP that specialize in real estate investing and I've found that all are very knowledgeable. Hope this helps.
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  • Developer · Covington, LA · Member since 2017 · 224 posts · 124 votes
    9y

    @Justin Tortorich we use Neal Adler with JacobsonAdler in NOLA. Very please with his work, and he has strong real estate experienced. He also knows the color gray, which is growing more and more difficult to find in a CPA.

  • CPA · New York, NY · Member since 2016 · 203 posts · 132 votes
    9y
    Justin Tortorich Best of luck with your new venture! I understand if you want somebody local, but expanding your search nationwide will definitely increase the talent pool and you'll find more real estate specialists. Not much is actually done face to face anymore. There are plenty of us on BP that specialize in real estate investing and I've found that all are very knowledgeable. Hope this helps.
  • Wholesaler · Zachary, LA · Member since 2014 · 19 posts · 31 votes
    9y

    Hey Justin, we use Lemoine, Triche and Associates for our accounting. Marla Dodds usually works with me on everything from working in / setting up QuickBooks stuff, figuring out the best way to space out depreciation, how to structure llcs and all of the regular day to day expenses and write offs. They are pretty investor (real estate specific) friendly. They are located off Highland Rd so not too far from you if you need a face to face. 

    Good luck man.

    Rip "The Sandaled Carpenter"

  • Kenner, LA · Member since 2013 · 10 posts · 0 votes
    9y

    Mark J. Koehler, CPA or Tom Wheelwright, CPA both are Awesome!!! But not in Louisiana 

  • Investor · Baton Rouge, LA · Member since 2014 · 280 posts · 219 votes
    9y

    @Justin Tortorich congrats on getting your feet wet.  I hope you enjoy the ride!

    I use the same CPA mentioned by Rip above.  

    See you at the top!

  • Investor · New Orleans, LA · Member since 2012 · 969 posts · 747 votes
    9y

    I use Charles F. Muller, CPA. He is located in Metairie.

  • Gita FaustBusiness Member
    Accountant · Richboro - Philadelphia, PA · Member since 2008 · 901 posts · 246 votes
    9y

    Scale your business with QuickBooks now and then as you grow, move to another software.

    We have switched rentals businesses from Xero to QB.

    Remember use one software as property management and accounting software. That is the key.

    Research what a property management software can do, and see if can accomplish it with an accounting software.

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