I need an accountant who understands Cash Flow RE investing

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I need an accountant who understands Cash Flow RE investing

Ben Waide
Member since 2019 · 9 posts · 5 votes
My accountants have been nice folks but they don't have experience with cash flow real estate investing. As soon as I say cost segregation they run the other way. I need to find an accountant who really knows cash flow investing and who returns phone calls. Any thoughts?
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Steven Hamilton IIPro Member
Accountant, Enrolled Agent · Grayslake, IL · Member since 2011 · 5k+ posts · 2k+ votes
7y
Originally posted by @Ben Waide:
My accountants have been nice folks but they don't have experience with cash flow real estate investing. As soon as I say cost segregation they run the other way. I need to find an accountant who really knows cash flow investing and who returns phone calls. Any thoughts?

 What did you want to know?  We work extensively with cost segregations; however, our next opening is not until the 25th of October due to the 10/15 deadline. 

[email protected]224-381-2660
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  • Aaron K.
    Specialist · Riverside, CA · Member since 2015 · 6k+ posts · 3k+ votes
    7y

    Which state(s)?

    1Reply
  • Ben Waide
    OP
    Member since 2019 · 9 posts · 5 votes
    7y

    I live in Kentucky but my target market is Tennessee.

    1Reply
  • Steven Hamilton IIPro Member
    Accountant, Enrolled Agent · Grayslake, IL · Member since 2011 · 5k+ posts · 2k+ votes
    7y
    Originally posted by @Ben Waide:
    My accountants have been nice folks but they don't have experience with cash flow real estate investing. As soon as I say cost segregation they run the other way. I need to find an accountant who really knows cash flow investing and who returns phone calls. Any thoughts?

     What did you want to know?  We work extensively with cost segregations; however, our next opening is not until the 25th of October due to the 10/15 deadline. 

    [email protected]224-381-2660
    2Reply
  • James WilcoxBusiness Member
    Real Estate Agent · Bowling Green KY ~ Lexington, KY · Member since 2015 · 1k+ posts · 603 votes
    7y

    @Ben Waide what part of KY? Do you need to see them in person?

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    1Reply
  • Ben Waide
    OP
    Member since 2019 · 9 posts · 5 votes
    7y
    Thanks Guys. Ideally, I'm looking for an accountant who is a real estate investor or specializes in Investment RE. They need to already work with Cash Flow Investors or be one. I intend to meet them in person but they don't have to live in Western KY. My target market is currently Tennessee

    1Reply
  • Cameron Tope
    Property Manager · Katy, TX · Member since 2015 · 1k+ posts · 1k+ votes
    7y

    @Ben Waide I'm experiencing the same headaches. My last accountant didn't seem to be a rental real estate tax expert so I'm currently looking for another one as well. 

    I'll be interviewing some folks over the next couple weeks and I'll be sure to post my choice. 

    I live in Texas and invest in both Texas and Ohio, so I'll be using someone that's virtual. 

    Best of luck!

    2Reply
  • Account Closed
    Rental Property Investor · Brighton, CO · Member since 2015 · 37 posts · 36 votes
    7y

    @Cameron Tope I also invest in Ohio and am searching for a new CPA, as well as bookkeeping services. Would like to know what you find.

    2Reply
  • Remington LymanBusiness Member
    Real Estate Agent · Columbus, OH · Member since 2017 · 6k+ posts · 7k+ votes
    7y

    @Account Closed. He is based in Columbus, Ohio and specializes in working with REI professionals.

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  • David Lucas
    Rental Property Investor · Columbus, OH · Member since 2014 · 63 posts · 9 votes
    7y

    @Account Closed try Nate Busch of Busch Tax Company in Columbus. He's also an investor. 

    Good luck!

    Best,

    David

    0Reply
  • Robert FeolPro Member
    Specialist · Memphis, TN · Member since 2008 · 41 posts · 34 votes
    7y
    We use Jimmy Luke at Titan CPA in Memphis, TN.  He owned 300 SFRs himself and has been an accountant for almost 40 years.  He would be an excellent resource for your needs as described.
    0Reply
  • Ola Dantis
    Multifamily Syndicator · Houston, TX · Member since 2016 · 1k+ posts · 2k+ votes
    7y

    @Ben Waide For cost segregation, you want to speak to @Yonah Weiss!

    1Reply
  • Yonah WeissPro Member
    Cost Segregation Expert and Investor · Lakewood, NJ · Member since 2017 · 1k+ posts · 1k+ votes
    7y
    Originally posted by @Ola Dantis:

    @Ben Waide For cost segregation, you want to speak to @Yonah Weiss!

    Thanks for the shout out my friend!

    1Reply
  • Bill S.
    Specialist · Raleigh, NC · Member since 2018 · 28 posts · 21 votes
    7y

    @Ben Waide you may want to speak to @Brandon Hall who is a real estate CPA. He gets all the nuances associated with passive investing, syndication's, cost segregation, TPRs, etc.

    1Reply
  • Damel WIlson
    Rental Property Investor · Indianapolis, IN · Member since 2015 · 19 posts · 6 votes
    7y

    anybody in Indiana?

    0Reply
  • Ben Waide
    OP
    Member since 2019 · 9 posts · 5 votes
    7y

    I am certainly open to investing in Indiana. I don't know that the location of my accountant matters. I believe I will have to reach out across state lines to find the right accountant.

    0Reply
  • Ben Waide
    OP
    Member since 2019 · 9 posts · 5 votes
    7y

    Thanks so much!

    0Reply
  • Ben Waide
    OP
    Member since 2019 · 9 posts · 5 votes
    7y
    Great! I will
    0Reply
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