REI CPA & Attorney Recommendation

[Jeremy Bohnett]

Hi all! 

I live in Seattle, but plan to do most my RE investing in the state of Arkansas to start. 

1. Any recommendations for a REI CPA and attorney for this situation?

2. How important is it that these professionals live in WA or AR? 

3. Would an REI CPA be a replacement for my CPA who does my wife and I's taxes every quarter/year OR would this REI CPA compliment the work that she is already doing?

Thanks for your help,

Jeremy

[Michael Plaks]

Originally posted by @Jeremy Bohnett:

Hi all! 

I live in Seattle, but plan to do most my RE investing in the state of Arkansas to start. 

1. Any recommendations for a REI CPA and attorney for this situation?

2. How important is it that these professionals live in WA or AR? 

3. Would an REI CPA be a replacement for my CPA who does my wife and I's taxes every quarter/year OR would this REI CPA compliment the work that she is already doing?

1 - Accountants - there're about 20 of us here on this forum, all REI experts and working with clients nationwide.

2 - An accountant can be anywhere, for the most part. Attorney needs to be licensed in the state where you do business - AR in your case. Some attorneys are licensed in multiple states.

3. - I recommend one accountant handling everything, but it's possible to split. It will just be more hassle (and possibly more cost) to coordinate between two accountants.