Need CPA in Augusta GA + Ballpark Cost
I've always done my own taxes until I started receiving 1st rental property income. So I am asking the BP community for recommended CPA in Augusta GA area. Next year my rentals will jump upwards in number, so I want a CPA who can handle 8-12 rentals (my 3 year goal) with no problems. Do I need to start using Quickbooks?
Also I need a ball park figure for what is reasonable cost. It looks like I will need the following forms at a minimum: 1040, Schedule 1, Schedules B, D, E, Forms 4562 and 8949. Thanks in advance for your replies!
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#1 Tax, SDIRAs & Cost Segregation Contributor
- Tax Accountant / Enrolled Agent
- Houston, TX
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#1 Tax, SDIRAs & Cost Segregation Contributor
- Tax Accountant / Enrolled Agent
- Houston, TX
Don't know anyone in Augusta, but @Eamonn McElroy and @Bill Hampton are both in Atlanta. And these days, having a local accountant is not that important, frankly. Having a real estate specialist is far more important.
Decide what you really want from your accountant first. Most new investors only want to have their taxes prepared. It is important, but a good accountant can do way more than that: tax planning, business advice, bookkeeping setup etc. Tax planners/strategists knowledgeable in real estate are quite rare.
And if you need your 2018 taxes prepared - expect that most of the good accountants are too busy to accept new clients at this point.