Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 3 years ago,
Taxes for a newbie (please share exp/advice)
Hey all,
I just closed on my first property (duplex) a couple of weeks ago. I plan on doing most things myself, management, bookkeeping, etc. However, was thinking to get an accountant for the first year doing taxes. I am sure I could figure it out but I don't really want to invest too much time in it as there are plenty of other things going on, as well I don't want to make a mistake starting out.
Any recommendations? Is it worth it to hire an accountant? Note, property is in my name. What questions would you ask when trying to find the right accountant? What have you all done? Thanks!