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Michael Lee
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Seeking Proactive RE CPA for Scaling BRRRR Portfolio

Michael Lee
Posted

Looking to significantly scale my rental portfolio this year and looking for a new real-estate-focused CPA experienced with cost segregation, bonus depreciation, and proactive tax strategies for BRRRR type real estate acquisitions.

My previous CPA is well known through social media circles, but the cost and loss of personal touch is causing me to look for a new CPA/Tax strategist. My files have been switched multiple times between office staff and my emails have been getting replied to with AI bots.

My LLC is registered in Wyoming but I'm doing business in New York. Looking for recommendations. Thanks

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Stuart Udis
#4 All Forums Contributor
  • Attorney
  • Philadelphia
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Stuart Udis
#4 All Forums Contributor
  • Attorney
  • Philadelphia
Replied

How exactly do a Wyoming LLC, cost segregation and bonus depreciation advance your BRRRR strategy today? Can you explain how a Wyoming LLC becomes relevant to someone who owns and operates real estate in NY? How the Wyoming LLC will be relevant in the event a claim or dispute were to arise in the context of owning real estate? Cost segregation and bonus depreciation merely accelerate deductions, and BRRRR properties often generate little taxable passive income to offset in the first place. Unless you have other passive income against which those losses can be used, the deductions may simply be suspended and carried forward. They are also strategies that can be implemented later.

I've seen this playbook before and you are overcomplicating real estate investing, especially one of the most elementary investment strategies.  I would spend more time focusing resources, time and energy on the real estate.  You are getting distracted focusing on everything other than the real estate which is where so many people fail. Real estate isn't inherently complicated, but in 2026 it's made difficult by an overload of information stretching resources and focus.

  • Stuart Udis
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