Should I Fire my accountant?

[Chris C.]

My question is should I fire my Accountant and look for another?

I'm a newbie and in Jan 2020  I bought my first buy and Hold property.  It was a Brrrr.  It was in very bad shape but I got a good deal.  All in for a total of $60k.   I bought it for $8k and had a rehab of $52k.  approx. $12k was capital improvements and I paid two guys off the books for a total of $15k so i couldn't claim the labor on my taxes. When I finish with the Refi i actually pulled out $13k more than I put in and it cash flows about $550/month.  It was a great success!  I was so happy.  The final test was how beneficial would real estate be come tax time? I put so much $$ into the property I would of at least thought i'd get more than I got the yr before.   I thought wrong!   I got roughly the same.   I thought I would get more because nothing changed W-2 relatively the same and so was my side hustle.  The only thing that changed was all the money I was dumping into my rental property.  

I spoke to my accountant and she said that she believes I am doing good as far as taxes.  I had a 13% effective tax last yr and this yr.   She said i made too much and that anything over $75k (W-2 job) you can't deduct passive losses and that they keep carrying over until you sell the property.   I asked what can i change this year so i can get more back next yr?  I suggested increasing my 401K pre-tax contribution to try to stay below the $75k.  She said that may help.   

Any feedback would be helpful?

Thanks

Chris from NY