Can Anyone Recommend a Remote Accountant for a 1st year Investor?

Question

Hey BP Fam,  Trying to find someone who can recommend a great accountant that can work with me getting my taxes ready on my first year of investing. I bought 2 multi-families this year with 4 doors. Ive taken 6 months off from my normal business to get things going here.

Looking for an accountant who can help me prepare my taxes for my first year investing in R.E. Im happy to do it remotely and I need someone who works with small businesses. Thanks everyone!

Maria Dominguez · Answer

Thanks Matthew!

Matthew Cervoni · Answer

@Maria Dominguez Congrats on the first 4 doors! I think it is wise to seek out an accountant even with a smaller portfolio to have some peace of mind that everything is set up correctly.

I think some important considerations in your search would include an accountant who makes it a priority to get back to clients timely, embraces new technology, and invests in real estate themselves.

Good accountants can seem expensive, but if they can save you from accounting headaches and help you with options to lower your tax bill it should pay for itself.

Best of luck in your search!

Wesley Sherow · Answer

I use an accountant in Albany NY names Justin Bachus. He's not cheap, but he does all real estate clients and knows his stuff very well. He's also proactive and recommends subsidies, returns strategies, etc. Hope that helps!

Maria Dominguez · Answer

Thanks Wesley. I will look him up. I honestly dont know what cheap/ expensive is for this but we will see!