CPA recommendations for CA
What's up BP! I'm a real estate and mortgage broker here in SoCal and I just purchased my first investment home and primary residence this year so I'm looking for any recommendations to a solid CPA or tax preparer familiar with the BRRR strategy and air bnb if anyone has any. Much appreciated!
I can give you the contact info for my CPA. She mostly works with real estate investors and knows her stuff.
- Tax Strategist, Financial Planner and Real Estate Investor
- Atlanta, GA
- 691
- Votes |
- 1,847
- Posts
Chris,
Are you open to working with your accountant remotely? I recommend finding an accountant who specializes in real estate taxation over one that is local. You may want to consider working with your accountant remotely to expand your options.
I would also recommend looking for a tax strategist who is willing to work with you throughout the year, not just when preparing your tax return. You want an accountant that can help you strategize and who is responsive when you want to know the tax consequences of the decisions you are making throughout the year.
Good luck and let me know if you have any questions.
#1 Tax, SDIRAs & Cost Segregation Contributor
- Tax Accountant / Enrolled Agent
- Houston, TX
- 5,299
- Votes |
- 4,716
- Posts
#1 Tax, SDIRAs & Cost Segregation Contributor
- Tax Accountant / Enrolled Agent
- Houston, TX
Try @Jana Cain and @Brian Schmelzlen in SoCal.
If it does not work out for you, then you can choose any of the 20+ tax experts on this forum, as we all work nationwide, regardless of the physical location.
@Mark Frattini that’s be awesome!
@Bill Hampton that’s exactly what I’m looking for. Someone that can help us strategize our plan as time progresses and as our portfolio evolves. I’m definitely open to working remotely. PM me if you or someone you know can help
#1 Tax, SDIRAs & Cost Segregation Contributor
- Tax Accountant / Enrolled Agent
- Houston, TX
- 5,299
- Votes |
- 4,716
- Posts
#1 Tax, SDIRAs & Cost Segregation Contributor
- Tax Accountant / Enrolled Agent
- Houston, TX
Originally posted by @Chris Borunda:@Bill Hampton PM me if you or someone you know can help
Bill (or any of us) cannot do that, by BP rules. You have to initiate the conversation yourself.
@Mark Frattini
Hi Mark
Can you DM me the contact of the CPA too? Thnx.
I have 2 referrals for you . You are welcome to dm me .
Originally posted by @Chris Borunda:What's up BP! I'm a real estate and mortgage broker here in SoCal and I just purchased my first investment home and primary residence this year so I'm looking for any recommendations to a solid CPA or tax preparer familiar with the BRRR strategy and air bnb if anyone has any. Much appreciated!
I love my CPA (and recommend her all the over the place on BP): www.whodoesyourtaxes.com
#2 Tax, SDIRAs & Cost Segregation Contributor
- Accountant
- New York, NY
- 3,124
- Votes |
- 7,534
- Posts
#2 Tax, SDIRAs & Cost Segregation Contributor
- Accountant
- New York, NY
@Chris Borunda
Congrats on the home purchase!
You likely want to connect with a CPA who understands real estate taxation(investment and personal residence), and business taxation since you have a brokerage.
Good luck in your search.
-
CPA
- Basit Siddiqi CPA, PLLC
- 917-280-8544
- http://www.basitsiddiqi.com
- [email protected]
Quote from @Jo-Ann Lapin:
I have 2 referrals for you . You are welcome to dm me .
Hi Jo-Ann,
I saw your post when I was searching for tax preparation services that are familiar with real estate laws. Wondering if you would be able to share your referrals. I'd really appreciate it. Thank you in advance.
-Amanda
#5 Tax, SDIRAs & Cost Segregation Contributor
- Accountant
- San Diego, CA
- 382
- Votes |
- 826
- Posts
#5 Tax, SDIRAs & Cost Segregation Contributor
- Accountant
- San Diego, CA
Quote from @Amanda K.:Hey Amanda, as accountants we cant promote ourselves though I would like to offer some advice when finding an accountant:
Quote from @Jo-Ann Lapin:
I have 2 referrals for you . You are welcome to dm me .
Hi Jo-Ann,
I saw your post when I was searching for tax preparation services that are familiar with real estate laws. Wondering if you would be able to share your referrals. I'd really appreciate it. Thank you in advance.
-Amanda
be sure to find an accountant who is willing to grow with you, and is not too high priced fee-wise. Not too low either, you don't want to go with someone who is just focused on price as this is a quality of a not-so-great accountant. Accountants are in such demand, that the best are not even accepting clients half the time.
The other problem I see often with accountants on here is that they specialize in larger investors, and have really high prices when you as a smaller investor do not need all the bells and whistles.
Another thing I see is folks thinking they need to have a tax professional in their state. We as a firm have investors working with us who have rental properties all over the US big and small.
Finding a real estate-focused tax professional and one who can help with advisory and grow with you would be my suggestion to focus your efforts on finding. Best of luck in your search!
