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Updated about 4 hours ago,
DIY or hire help for taxes?
I have 2 people that I sometimes partner with on real estate deals.
I use a CPA because I have a number of rentals and a few LLCs. I understand the value my CPA provides for me in my situation.
However, when should my other 2 partners hire help for taxes? I also don't know how to price financial services for them.
1. He is a full-time W-2 healthcare worker that makes about 72k yr. No children or wife. Ownes his own house and 2 rentals that is in an LLC.
2. He is married with joint income of about 148k. W2 and 1099 income, 2 kids, renting, and 1 rental.
At what point does it make sense to hire tax help and how much should that expect to pay?