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8
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6
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Ashley Campbell
Pro Member
6
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8
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Does a newbie need a RE focused CPA up front?

Ashley Campbell
Pro Member
Posted

Looking to by one or two LTR props prior to year-end.  Working on building my team around me and trying to decide if a RE focused CPA is needed for "Tax Strategy" at this point.  We are W-2 employees with pretty straightforward tax filing at this point.  Eager to learn about RE tax write-offs, how to document/keep up with expenses, what can be written off, etc. at this point...However, the 3 RE focused CPA's I've visited with want $5,000 annually for a couple hour sessions a year and a few recorded classes and other resources, which does not include tax preparation.  I'm having a hard time justifying this cost when I'm only getting started.  Thoughts?  Recommendations?  Any resources out there that anyone highly recommends?  TIA! 

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