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Updated over 7 years ago on . Most recent reply

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86
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Mike Snyder
  • Seminole, FL
39
Votes |
86
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Recommendations for an REI competent CPA?

Mike Snyder
  • Seminole, FL
Posted

There is a great discussion on BP about LLC usage and caveats for REI properties here which highlighted the need for competent CPA who understands these waters. This may seem self-evident but can I get some feedback from experienced investors about both what they look for in a good CPA, as well as what warning signs to watch out for? The couple of CPAs that I've used before were recommended by a friend (not for anything specific, just I've used them) and I was disappointed both times. Since I'm new to the game here, I'd really like to fast-track good decisions as much as possible. Thoughts?

Most Popular Reply

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4,908
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Mike Dymski
#5 Investor Mindset Contributor
  • Investor
  • Greenville, SC
13,015
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4,908
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Mike Dymski
#5 Investor Mindset Contributor
  • Investor
  • Greenville, SC
Replied

LLCs, CPAs...get some deals done and you can figure out the alphabet soup later.  I invested for 10+ years before I used either.

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