Tax, SDIRAs & Cost Segregation
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 almost 3 years ago,
Who do you use for just amending tax returns?
Hi all
As mentioned in another post, I want to get my taxes in order on a small multi-family property that I purchased 3 years ago but which I only started renting out last year.
Discussed it w a CPA who's on BP and they kindly pointed out that using them for amending the 2 previous returns before filing the current year's return would be needlessly expensive.
So, what's the smart way to go about refiling those returns first? Is using more specialized pros on BP overkill for this?
Am not trying to go super-cheap. Just wondering what's advisable in this situation.
Thanks.
As mentioned in another post, I want to get my taxes in order on a small multi-family property that I purchased 3 years ago but which I only started renting out last year.
Discussed it w a CPA who's on BP and they kindly pointed out that using them for amending the 2 previous returns before filing the current year's return would be needlessly expensive.
So, what's the smart way to go about refiling those returns first? Is using more specialized pros on BP overkill for this?
Am not trying to go super-cheap. Just wondering what's advisable in this situation.
Thanks.