New investor needing tax advise

Personal Finance
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New investor needing tax advise

Tyler Palmblad
Member since 2026 · 5 posts · 3 votes

Hi all, new real estate investor here looking for some tax planning and financial advice. I've had trouble finding a local firm that offers hourly consultations and specializes in real estate investing. My situation is still pretty simple, and I'm mainly looking for guidance on a few questions and an initial strategy. Budget is tight, so affordability matters. Any recommendations for how to get things moving here?

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Andrew PostellPro Member
Lender · Fort Worth, TX · Member since 2016 · 8k+ posts · 6k+ votes
2w

@Tyler Palmblad I can't tell what part of the country you are in but if you just go to the top of the page here you can click on that "Tax Pros" link and it will connect you with someone in your area. If you strike out with that then try some local Facebook groups.

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  • Vaibhav PuranikPro Member
    Member since 2025 · 106 posts · 57 votes
    2w

    Hi Tyler, my CPA might be able to help, she is in Orange County (California). Here name is Maria Rosero. If you DM me, I can send her contact to you.

    [email protected]
    1Reply
  • Andrew PostellPro Member
    Lender · Fort Worth, TX · Member since 2016 · 8k+ posts · 6k+ votes
    2w

    @Tyler Palmblad I can't tell what part of the country you are in but if you just go to the top of the page here you can click on that "Tax Pros" link and it will connect you with someone in your area. If you strike out with that then try some local Facebook groups.

    1Reply
  • Aaron ZimmermanBusiness Member
    Accountant · Chicago, IL · Member since 2018 · 2k+ posts · 1k+ votes
    2w

    There’s a lot of CPAs on here that I’d recommend reaching out to. I’d see if they have hourly consultations.

    My recommendation would be to focus on value and not price.

    To get the most value out of a call, I’d have a long list of questions you’re wanting to get answered.

    [email protected]
    Brick House CPAs53 Reviews
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    1Reply
  • Jason MalabuteBusiness Member
    Accountant · Los Angeles, CA · Member since 2016 · 2k+ posts · 914 votes
    1w

    Hi Tyler, there are plenty of CPAs on here who work with real estate investors, so reach out to a few and ask whether they offer hourly consultations. When you compare them, go by the value you'd get from the call rather than just the lowest price. You'll get the most out of the time if you show up with a long written list of questions. What are the top two or three things you most want answered first?

    Malabute & Company CPAs527 Reviews
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    1Reply
  • John Vieira
    Member since 2026 · 7 posts · 1 vote
    1w

    Hi Tyler, at your stage the biggest wins come from good records, not a pricey planning engagement yet. I'd do three things from day one: open a separate bank account and card for investing activity, keep a simple mileage log and save every repair and improvement receipt, and track the cost basis of each property - purchase price plus closing costs and improvements. Once those habits are in place, an hourly planning conversation pays off when you have actual income to plan around, like your first rental year or a flip, because the advisor can work from real numbers. Bring a written list of your specific questions and the basics of your finances to get the most out of that hour.

    John

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  • Ashish AcharyaBusiness Member
    CPA, CFP®, PFS · Sarasota, FL · Member since 2017 · 5k+ posts · 3k+ votes
    6d

    Tyler, you’re actually looking in the right direction by wanting to talk to someone about the tax strategy before your real estate activity gets complicated.

    I’d look for a CPA who works specifically with real estate investors rather than someone who simply prepares rental tax returns. Even if your situation is simple today, the right conversation can help you understand things like entity structure, depreciation, deductions, financing, and what to consider before your first acquisition.

    You also don't necessarily need to have a complicated portfolio before talking to a real estate-focused CPA. In fact, getting the strategy right early can save you from having to restructure things later.

    If you'd like, feel free to DM me. I’d be happy to send over a few resources that might be helpful. Feel free to DM me, I’d be happy to send over a few resources that might be helpful.

    [email protected]941-914-7779
    INVESTOR FRIENDLY CPA®4.9242 Reviews
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    TaxMD® | Tax Planning Software
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