Tax and bookkeeping fees

[Andrew Pappas]

I've been shopping my local area in Wilmington, NC for tax and bookkeeping services,  but most fee structures are quite high for the 3 properties I currently have in my portfolio.  Separate from their tax filing fees, They charge a $175 monthly retainer for tax consultation and review of financials (whether I use their services or not), and $125 a month for bookkeeping.  These fees increase based on volume.  Does anyone know if these prices are reasonable?

[Paul Allen]

Originally posted by @Account Closed:

The $125 seems just about right. 

The monthly retainer seems rather high especially if it does not include the actually filing of the return. I would expect a separate real estate return to be somewhere in $800-$1,000 range with ongoing planning. Obviously, all depends on your specific situation.

 I'm not sure if I should raise my prices or link all my clients to this post so they appreciate me more.