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Updated about 2 years ago, 12/09/2022
CPA or No CPA that is the question
Hi BP community. I have 4 rental properties currently and wanting to grow the portfolio and take advantage of tax strategies as well. I do not have a CPA currently that will help me as I continue to expand and add more properties. I am talking with a few different CPAs that can do taxes and give tax strategy advice. Obviously the services cost money that will eat some into cash flow. Is it worth paying the $3000 or so annually to a CPA for this or should I wait until my portfolio is bigger to bring on a CPA? I want to put a good team together that can grow with the business, but am not sure if this is a necessary addition at this point. Thoughts?