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
Job Loss/Company Closings
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 about 5 years ago on . Most recent reply

User Stats

6
Posts
5
Votes
Grace Jones
  • Rental Property Investor
  • Lynchburg, VA
5
Votes |
6
Posts

Virginia CPA Recommendation

Grace Jones
  • Rental Property Investor
  • Lynchburg, VA
Posted

Hello BP community! Does anyone have a CPA recommendation for federal and Virginia taxes? We have a small portfolio of six units along with our two W2s. Historically we have completed the taxes ourselves with turbo tax, but we are looking to work with a CPA to file this year. With the extension announced today, I feel like we have a bit of time to search to find the right firm. Any suggestions are welcome! 

Most Popular Reply

User Stats

76
Posts
42
Votes
Helen Lowery
  • Real Estate Agent
  • Williamsburg, VA
42
Votes |
76
Posts
Helen Lowery
  • Real Estate Agent
  • Williamsburg, VA
Replied

Hello Grace,

I use Watson and Mowry in Williamsburg.  You can expect to spend $500 to file, but they are thorough, you get a sit down question and answer session, and they are easy to work with.  Every year, they send an organizer in December that specifies the documentation required and a worksheet showing your numbers for the previous year.  I always turn everything in at the end of February, and they are usually ready to review and file for me by the end of March.  Before filing, we schedule a sit down meeting and I come prepared with questions and we go over everything.  They are also a resource for me throughout the year when I have questions about how such and such will affect my tax bill.  It is a bit of an expense, but I feel like it pays for itself in returns, peace of mind, and education.  Hope this helps.

Loading replies...