Tax Planning/CPA in Southern New Jersey

[Nick Russo]

Hello!

My family operates a home building business in South Jersey. My brother and I are starting to invest on the side ourselves, and from all the podcasts we've been listening to, we want to make sure we are doing things the right way to take advantage of any tax incentives. We are looking for guidance with that. Does anyone have recommendations for someone who may help with that in South Jersey? I see the BP list of CPA's but they are based all around the country. I was hoping for someone more local. Thank you!

[Kory Reynolds]

There are a number of posters here on the forum that work with people nationwide, so you likely don't need to limit your search to just south Jersey.  Even my local to me clients - 95% of them we never meet in person each year.  

@Basit Siddiqi is exactly right that Philadelphia / NJ has some unique reporting headaches that are often screwed up, so whoever you work with, gauge their experience working in numerous jurisdictions, or their teams access to those subject matter experts.

Those in the construction world and rental world open themselves up to some substantial opportunities from a tax planning perspective, but also need to be sure they thread the needle carefully on the real estate professional rules to actually qualify for them.