All Forum Posts by: Bill Hampton

@Brandon Krasner

Turbox charges $1749 for a full service partnership/business return. $1500 and up is the going rate. You may have to adjust your expectations. 

There are over 20 real estate accountants on this site. Reach out to a few and see who is accepting new clients. 

You can also ask investors in your local real estate investors association for recommendations. 

Good luck. 

@Timothy Mcleod

You should speak with your accountant first to see if you will benefit from a cost segregation study. If your accountant is not familiar with cost segregations, then it might be time for a new accountant. 

My clients and I have used Cost Segregation Authority with excellent results. 

@Dave Hart

Sorry to hear about your experience. There are a number of posts on this site about negative experiences with 1-800 accountants. Don't let that deter you. 

There are over 20 other real estate accountants on this site. Reach out to a few, see who you like and see if they are accepting new clients. 

You can also ask members of your local real estate investors association for real estate accountant recommendations.

Good luck. 

@Adam Hoeker

Check out Stessa and Azibo. 

Good luck. 

@Blake Dials

Definitely set up a separate bank account with a debit card and a credit card. Use accounting software and hire a real estate accountant to do your taxes. 

Good luck. 

@Heidi Cousineau

You came to the right place. A good real estate accountant can save you a ton of money using entity selection and formation, tax deductions and tax planning. 

Since you are a business owner, I recommend finding an accountant who specializes in business taxation, real estate taxation and tax planning.

You may want to consider working with your accountant remotely to expand your options.

I would also recommend looking for a accountant willing to work with you throughout the year. You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.

There are over 20 real estate accountants on this site. Reach out to a few, see who you like and see if they are accepting new clients. 

You can also ask members of your local real estate investors association for real estate accountant recommendations.

Good luck.

@Matthew Samson

Another vote for one accountant. Saves time and money and reduces the potential foe errors. 

Good luck. 

@Jojo Pembridge

You came to the right place. A good real estate accountant can save you a ton of money using entity selection and formation, tax deductions and tax planning. 

Since you are freelancing, I  recommend finding an accountant who specializes in business taxation, real estate taxation and tax planning.

You may want to consider working with your accountant remotely to expand your options.

I would also recommend looking for a accountant willing to work with you throughout the year. You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.

There are over 20 real estate accountants on this site. Reach out to a few and see who you like.

You can also ask members of your local real estate investors association for real estate accountant recommendations.

Good luck.

@Ellen Cheng

That's a good question. They could pay you as a contractor, deduct the expense and no 1099 is required if the amount is under $600. However, you are required to report all income, even if it's under $600.

The other option is they don't pay you and nobody reports a deduction or income. 

Good luck. 

@Jacob Romano

Check out the Georgia Real Estate Investors Association, gareia dot com. They have several monthly meetings for different types of Investors. Some are free and some allow online attendance. 

Good luck.