Cost of tax preparation? $100 per property?

[Michael Wentzel]

We have 19 properties in a Colorado LLC and 19 properties in an Ohio LLC. We have a property manager in Colorado and another one in Ohio that give us pretty good annual reports. I believe we have approached 5 CPA's or tax preparers in Colorado. Some are too busy and don't want the work. One estimated over $5000 after looking at previous returns. Finally the last one quoted us $100 per property for the the first year and maybe less in future years after they are setup in the system.

Is that reasonable? $100 per property for tax prep work?

Mike