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 about 6 years ago,

User Stats

7
Posts
6
Votes
Zach Becker
  • Rental Property Investor
  • Indianapolis, IN
6
Votes |
7
Posts

Should I use CPA for small real estate portfolio

Zach Becker
  • Rental Property Investor
  • Indianapolis, IN
Posted

I live in Pennsylvania and have recently bought two duplexes out of state.  My wife usually does our taxes as she majored in accounting (is not an accountant).  However, now that the taxes will be a little more complicated with the added real estate investments I have a couple questions regarding upcoming tax season:

1. Is it worth paying for a CPA to do our taxes instead of my wife since she is not an expert regarding the real estate aspect?  I just don't know realistically what the benefits would be on a relatively small portfolio or if my wife could manage it until it grows larger.

2.  If I do utilize a CPA I am assuming I need to use one in my state of residence, correct?  Does anyone have any recommendations for CPAs in Pennsylvania, specifically near Cranberry Twp, PA?

Thank you for your advice/feedback!

Loading replies...