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Updated over 2 years ago on . Most recent reply

User Stats

72
Posts
32
Votes
Anthony Phillips
  • Realtor
  • Lebanon Tennessee
32
Votes |
72
Posts

First year as an investor with property in LLC

Anthony Phillips
  • Realtor
  • Lebanon Tennessee
Posted

This year will my first year owning an investment property. I have a W-2 job my wife owns a business with 1099 income and we own one long term rental we bought this year. My question is would it be beneficial to us to get a cpa to do our taxes this year? Of course I would like to lower my taxes like everyone but also learn some strategies from them when buying more properties in the future. Would i want to find a CPA that is more well verse in Real Estate or would every CPA know most of the tax breaks revolved around real estate? I do see alot of CPAs on bigger pockets that do all of there work remote and wondering if that would be a good choice or someone local that i can sit down with and talk to. If so does anyone have one that they would recommend.

Thanks for reading my post I hope to learn as much as I can from everyone.

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