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Updated over 9 years ago on . Most recent reply
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How do i find a Tax Advisor?
I am fairly new to real estate investing and I want to do Tax planning. I am listening to Tom Wheelwright's book Tax free Wealth. He suggests to seek counsel from a tax advisor, but I feel like my usual experience with accountants is that they are scared to take deductions. How do i find a good accountant that will help me reduce my tax liability?
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Originally posted by @Brian Corbett:
but I feel like my usual experience with accountants is that they are scared to take deductions.
You are working with the wrong accountants my friend.
If you want someone local, you can ask BP members who are local to you for referrals. Or you can contact your state CPA board and ask them to refer you to someone as they are usually more than happy to do so.
Don't be scared to use a non-local CPA. You'll expose yourself to a broader pool to pick from and they may have more tailored experience to real estate investing than the local guy who services everyone. Many of us service investors all over the U.S. and we supplement meetings with various technology solutions.
Browse the forums/blog and try to determine who's style you like the best and who people are recommending. Then reach out to them and see if they are taking on clients.
Hope this helps!