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Updated about 4 years ago on . Most recent reply

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Tim Mackie
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What should I ask an accountant?

Tim Mackie
Posted

I have a meeting with an accountant to discuss real estate investing and am unsure what questions I should ask to ensure that I start my business right. In the next 3 months, I am going to purchase a single family to house hack and a small multifamily for rental income in the following 8 months. I am considering an LLC for REI but not sure yet. Thanks!

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Daniel Hyman
  • CPA
  • Milwaukee, WI
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Daniel Hyman
  • CPA
  • Milwaukee, WI
Replied

As a CPA who has these meetings , here is what I would recommend in order to maximize your time:

1) What steps can I take now to help me with a favorable tax position as I grow my business?

2) What fees can I expect?

3) What is the preferred method and frequency of communication with your firm?

  • Daniel Hyman
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My Online Accountant
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