Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 10 years ago,

User Stats

26
Posts
5
Votes
Troy Walcott
  • Real Estate Agent
  • Brooklyn, NY
5
Votes |
26
Posts

Is there a super CPA?

Troy Walcott
  • Real Estate Agent
  • Brooklyn, NY
Posted

I purchased my first buy an hold investment property last year.  I'm wondering is there a real difference when it comes to CPA'S.  Is there really a huge benefit to having an astute CPA on my team opposed to going to a box company like H&R Block?  Even from CPA to CPA is there one that can master the manipulation of tax loop holes and the construction of creative tax strategies more than the next?  I mean aren't they all following the same tax law?  I'm paralyzingl myself trying to analyze this stuff because I feel like I need to find the guy who knows to tell me to plant a lemon plant in my backyard so I can claim my property as an agricultural production facility and get a million dollar tax benefit for that year.  Does anyone have any suggestions on questions to ask when interviewing a CPA?  I'm looking for someone patient, will put tax language into dummy terms, works with investors or invest themselves, can give recommend sources of simple education on what I can do from a tax standpoint to improve my business's financial efficiency.

Loading replies...