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Updated 4 months ago on . Most recent reply

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11
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John Carr
7
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11
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First Time House hack, Do I need more help then my HR Block tax person

John Carr
Posted

Hey Team,

Quick run down. I live in my PR located in IL, but bought a home in FL with my daughter which she is house hacking. We are renting out 3 rooms atm. Since I make well more then my daughter, the plan was for me to claim the house for any tax breaks.

Question is, will we need a more specialized tax professional then the HR Block person I've been using for 20 years. They, the HR Block person, is also an investor and owns multiple properties, so I just assume they are well versed.

Thanks for your thoughts!

  • John Carr
  • Most Popular Reply

    User Stats

    185
    Posts
    102
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    Markus Shobe
    • Accountant
    • Indianapolis, IN
    102
    Votes |
    185
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    Markus Shobe
    • Accountant
    • Indianapolis, IN
    Replied

    If the HR person has RE properties I would assume that they are good at real estate tax planning and etc and since you have been with them for 20 years you are familiar with them and they are familiar with you. I would want a RE tax pro that I can reach out to throughout the year and not just during tax time. 

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