Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 1 year ago on . Most recent reply

User Stats

1,257
Posts
345
Votes
Rich Hupper
  • Broker / Investor
  • Tewksbury, MA
345
Votes |
1,257
Posts

CPA vs Tax Strategist

Rich Hupper
  • Broker / Investor
  • Tewksbury, MA
Posted

I am trying to figure out this difference between these two pros. I saw a Youtube video about this topic. I am also concerned my CPA may not have enough knowledge how to save me the most in taxes, and or educate me on how to structure my entities properly. 

What is the difference between these pros. I know CPAs are licensed but about about Tax Strategists? Im also looking for a new tax pro in my area if anyone is in Massachusetts.

Most Popular Reply

User Stats

127
Posts
119
Votes
Brandon Gale
  • Rental Property Investor
  • Worcester, MA
119
Votes |
127
Posts
Brandon Gale
  • Rental Property Investor
  • Worcester, MA
Replied

@Rich Hupper I'm in the exact same boat, also in Massachusetts. Have had the same CPA for years and he has been fine, but doesn't try to help me save.

I heard something on a podcast recently that really stuck with me, something along the lines of "there are 2 types of CPA's, ones that work for you, and ones that work for the IRS." With mine it feels like the latter. It feels like all he is concerned with is proper filing, when I ask questions about ways to save he usually shrugs them off. I recently asked him his thoughts on doing a cost seg study and he didn't even know what it was.

I'm looking for a new CPA more real estate specialized in Massachusetts as well. Let me know if you find soneone you like and I'll do the same!

Loading replies...