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Updated 9 months ago,

User Stats

7
Posts
5
Votes
Stephanie St. Germain
  • Charlotte, NC
5
Votes |
7
Posts

Importance of real estate specific accountant

Stephanie St. Germain
  • Charlotte, NC
Posted

Hi,

I am in the early stages of my real estate investment journey and under contract with my first rental property, which I intend to use as an STR. I am technically an active CPA but haven't been actively using the certification in almost 10 years and never specialized in tax, but I still have the general background and understanding. I know how important a real estate specific accountant is especially as I start out, but after a couple years of working with a professional and if no significant changes have taken place and I only have 1 investment property, could I not do the taxes myself? Or is a real estate professional absolutely a must?
thank you!

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