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Updated 2 months ago, 09/25/2024
Different CPAs for investments in different states?
Hi All. Thank you everyone for engaging on my posts as I ramp up towards my first deal!
My next question is a simple one: through circumstance, we will almost certainly have real estate holdings in two states (Georgia and likely Pennsylvania). Is it advisable to have different CPAs in each state, or should one take care of our entire national portfolio?
I understand that state tax and regulatory conditions can vary quite a bit. Do the advantages of state-specific expertise offset the added complexity of having multiple CPAs?