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Updated about 6 years ago on . Most recent reply

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8
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11
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Ed Beder
  • Eastlake, OH
11
Votes |
8
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Looking for a recommended CPA

Ed Beder
  • Eastlake, OH
Posted

I am just getting started and am looking to find a savvy CPA that is fairly reasonable.  Anyone have a recommendation?  Thanks.

Most Popular Reply

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8,152
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3,689
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Basit Siddiqi
  • Accountant
  • New York, NY
3,689
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8,152
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Basit Siddiqi
  • Accountant
  • New York, NY
Replied

@Ed Beder

Welcome to Biggerpockets!

Are you open to working with a CPA outside of OH? You open yourself to more options if you do.

BRRR's are a little unique for tax purposes. The key point is that the "rehab" for R may not be currently expensed if the unit was not placed in service yet. So the key is to place it in service so you have the opportunity to potentially expense items instead of capitalizing everything.

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Basit Siddiqi CPA
4.9 stars
76 Reviews

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