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Updated over 1 year ago on . Most recent reply
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Tax advice and suggestions
Does your current tax advisor keep you updated with new modifications to the tax code?
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Anthony,
Good seeing you again!!
The tax code is like trying to pick up a night-crawler on your sidewalk. Slippery and hard to "grasp."
Real estate is complicated. You probably won't get much from an accounting firm that "specializes" in a half dozen different industries.
Look for help from firms that specialize in real estate, then look to see if they advertise 'being in your niche.'
When we niched "hard" I was amazed at all the stuff I had never heard of! A 'general' firm can't afford to do the research, DAILY, to identify the tax breaks available to an REI.