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Updated about 6 years ago on . Most recent reply

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Luis M Diaz
  • Berwyn, IL
1
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Looking for CPA in Berwyn IL

Luis M Diaz
  • Berwyn, IL
Posted

I sold my single family home in 2018 and bought a 3 unit rental property. I did a lot of work to the rental property and need a good cpa to fill out my taxes. I tried turbo tax and wasn't too happy with the results. Please guide me on this subject. I'm new to real estate investing and want to continue to grow. 

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8,153
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Basit Siddiqi
#3 Tax, SDIRAs & Cost Segregation Contributor
  • Accountant
  • New York, NY
3,695
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8,153
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Basit Siddiqi
#3 Tax, SDIRAs & Cost Segregation Contributor
  • Accountant
  • New York, NY
Replied

@Luis M Diaz

was the single family home sold an investment property?
In the future, if you sell an investment property and plan to continue being in real estate, you may want to consider doing a 1031 exchange.

Are you open to working with an accountant not local to Illinois? There are a handful of accountants on the biggerpockets messageboard who can help you. Feel free to connect with a couple and choose one you feel comfortable with.

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Basit Siddiqi CPA
4.9 stars
78 Reviews

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