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Updated about 2 years ago on . Most recent reply

User Stats

7
Posts
8
Votes
Joel Borja
  • Homeowner
  • Moreno Valley, CA
8
Votes |
7
Posts

Should I get a CPA if I am on my first house hack?

Joel Borja
  • Homeowner
  • Moreno Valley, CA
Posted

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. 

Most Popular Reply

User Stats

161
Posts
75
Votes
Curt Riffel
  • Accountant
  • Dallas, TX
75
Votes |
161
Posts
Curt Riffel
  • Accountant
  • Dallas, TX
Replied

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. 

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