Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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 7 months ago,

User Stats

6
Posts
7
Votes
Patrick Irish
7
Votes |
6
Posts

$5k For Cap Gains/Tax/Opinion Quote - that reasonable?

Patrick Irish
Posted

I’ve been quoted $5k to have a cpa tax attorney (firm) crunch wife and my numbers to determine possible cap gains on sale of rental. They’ll determine best route in how to essentially to pay the least amount in capital gains, should we sell, 1031, invest etc. being attorneys they can do a little more than CPA’s my research says. 

Wondering if the $5k and an about a month time is worth it? 

My understanding is in their ‘opinion’ they can be creative in some areas of 1031 or 121. 

Wife and I are late 30s with two little kids and the $5k could fix both bathrooms in the rental we want to sell. Granted there is some peace of mind having a tax attorney cpa sift through our financials and dates and lay out for us various plans. 

Loading replies...