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Updated about 7 years ago on . Most recent reply

User Stats

47
Posts
35
Votes
Andy W.
  • Investor
  • Meridian, ID
35
Votes |
47
Posts

Can I have 2 different accountants?

Andy W.
  • Investor
  • Meridian, ID
Posted

  I've had the same business accountant for almost 15 years. Knows my business inside and out, does my personal taxes as well, and I trust him with his decisions on my taxes.

  In the last 2 years, I've added a commercial property, and 7 residential properties, and I would like to add a lot more. I know my accountant isn't a "specialist" when it comes to rentals and property. He could certainly get the job done, but I'm wondering if I could use real estate accountant for my properties, and keep the same accountant for business and personal. Then combine the tax stuff at years end.

6 of the 7 residentail properties are in an LLC with a partner, with the other being my own. The commercial property I have a partner in a separate LLC also. And the business (acutally 2) is two different entities as well.

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