Accounting, Tax, Business help

[Brandon Lockard]

I recently purchased my first investment property (a duplex) and now have a property manager in place and both units rented.  Trying to figure out how to manage the financial side of things.  Do I need an accountant, tax guru, financial adviser or some combination of all three.  I want to do thing right from the start and not have any surprises at the end of the year that leave me scrambling.  Feeling like I probably need to set up an S-corp, but this is certainly not my area of expertise.  Any advice or suggestions?  Thanks. 

[Natalie Kolodij]

For the love of baby Jesus don't set up an S corp. 

You need a tax pro. 

There are lots here on BP- I'd reach out to a few and see who you click with, let them help you get setup right from the start. 

I wouldn't work with any one who says their a guru

and a financial adviser is for investment choices, not tax help.

Hope this helps!