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Updated 7 days ago, 12/19/2024
Certified Public Accountant recommendations
Newbie seeking guidance.
One rental property. One personal property. Recommendations for a CPA in Virginia / Washington D.C. area?
Hey Sam,
Welcome to the forums! I'm not sure of a tax professional in Virginia or Washington D.C. but I do know there are many great accountants here on the forums answering questions often. Most of them work with clients across the country and I would recommend reaching out to a few you see active in the forums. If you can't find one that is a good fit for you, Biggerpockets has a "Build Your Investing Team" feature to match you with a tax professional but not all of them are active in the forums.
If you're a part of any investor groups it also helps to ask for a referral while interviewing tax professionals.
Good luck!
- Joshua Thompson
Quote from @Sam Baumer:
Newbie seeking guidance.
One rental property. One personal property. Recommendations for a CPA in Virginia / Washington D.C. area?
- Sean Graham
- Tax Strategist, Financial Planner and Real Estate Investor
- Atlanta, GA
- 847
- Votes |
- 2,264
- Posts
Bigger Pockets is a great place to find a real estate accountant.
A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.
I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.
You may want to consider working with your accountant remotely to expand your options.
I would also recommend looking for a accountant willing to work with you throughout the year. You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.
Good luck.
- Bill Hampton
- 404-482-3170
As others have stated, take a look through the forums and ask in FB groups. I’m not aware of any in Virginia/DC personally but I’m sure there are!
#3 Tax, SDIRAs & Cost Segregation Contributor
- Accountant
- New York, NY
- 3,565
- Votes |
- 8,020
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#3 Tax, SDIRAs & Cost Segregation Contributor
- Accountant
- New York, NY
When you live and work and invest in the DMV area, you want to work with an accountant who understands the tax laws of the DMV.
There are normally reciprical agreements between the various jurisdictions.
Best of luck!
- Basit Siddiqi
- [email protected]
- 917-280-8544
@Joshua Thompson:
Joshua
Thank you for the quick and detailed response. I love the feedback that you provided as well as the emails and phone calls from the group. Using your guidance I contacted my investing team (property manager) and she recommended a local way ahead to help me for filing taxes (first year as a landlord). Thank you again and I look forward to working with you more in the future!
Quote from @Sam Baumer:
@Joshua Thompson:
Joshua
Thank you for the quick and detailed response. I love the feedback that you provided as well as the emails and phone calls from the group. Using your guidance I contacted my investing team (property manager) and she recommended a local way ahead to help me for filing taxes (first year as a landlord). Thank you again and I look forward to working with you more in the future!
Of course and good luck!
- Joshua Thompson
@Bill Hampton:
Bill - thank you for the guidance and recommendations. I truly did not realize how many individuals would contact me about the benefits that come with having a remote real estate tax accountant. Multiple 45 minute introduction calls later I am discovering I am one of the only individuals that still looks forward to sitting down kneecap-to-kneecap with an individual. I have added your contact info to my growing roll-a-dex of experts and look forward to working with you in the future.
@Aaron Zimmerman:
Aaron - thank you for the recommendations. I have added your contact info to my growing roll-a-dex of experts and look forward to working with you in the future.
Quote from @Ben Trageser:
Ben - thank you for welcome aboard. I have added your contact info to my roll-a-dex of experts and look forward to working with you in the future.
@Basit Siddiqi:
Basit - thank you for the guidance. I have added your contact info to my growing roll-a-dex of experts and look forward to working with you in the future.