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 2 years ago,
When to hire CPA vs use Turbo tax for small business?
I am at the early stage of my real estate investment journey with total of 4 properties and looking to add a couple this year. I have single member LLC and still have my W-2 wages. Until last year I was doing my taxes on Turbo tax but this year I am on the hunt for a new CPA to help me with my taxes and strategize my real estate investement going forward. My question is: is this the right time to add a CPA into my team versus using Turbo tax for small businesses?
If so, what qualities should I look for in a CPA? What is the average (fair) price to pay CPA at this stage?
Also this might be a little bit out-of-topic, But is it also the time for me to start looking for a business attorney?