Well worth the $2000.Btw, I pay both my CPA and attorney on a fixed-price annual basis as well, for this same reason.

That way, you don't have spread out the deduction, you get it all in the year you drove.I'm not a CPA

As always, talk to a lawyer and a CPA before proceeding.

I use 30 day months for the purpose of proration at the direction of my CPA.

Talk to a CPA.

Can anyone give me a recommnedation for a CPA in the SF Bay Area?

It's not that you need a CPA to actually audit the company (but you could) but that you will deliver all source documents so that the new owner can make heads or tails of what was done.

When the explanation is needed, you state that since you buy so many properties, your CPA has warned to not have too many assets in any one company and thus, you may need to open a new company to hold the property in which you have offered on.

I'm not opposed to investing in properties out-of-state, but haven't ventured there yet.I also have my own CPA practice specializing in real estate transactions and work with investors across the country and a few in other countries as well.

I'm looking for a good CPA with lots experience working with real estate investors and a good real estate attorney in the Chandler Arizona area.