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Updated about 2 years ago on . Most recent reply
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Should I get a CPA if I am on my first house hack?
Hi,
New to BP and this forum. I got my first property at the end of 2019. I started house hacking this year. I started listening to BP and reading the books at the end of last year. Which I am super grateful for because I have done a lot of remodeling of this house. I was reading the Tax Strategies book and I think I have many things I may write off. I usually go to H&R Block for my tax needs but after reading the Tax Strategies book I think that might not by my best course of action this year since they aren't specialized in real estate. I would love to hear the community's wisdom.
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I'm a CPA, I generally would not recommend a CPA for a simple tax configuration as this. When your return is unmanageable on your own you should hire a tax professional. I would never use H&R Block over a local tax professional since their office isn't typically open year round.