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Updated almost 6 years ago on . Most recent reply

Zachary Schimenz's profile image
Zachary Schimenz's profile image
Zachary Schimenz
  • Member since Apr 18, 2019
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Zachary Schimenz's profile image
Zachary Schimenz's profile image
Zachary Schimenz
  • Member since Apr 18, 2019
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Zachary Schimenz
63
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45
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Tax, SDIRAs & Cost Segregation

Do I need a Real Estate CPA and a different one for my business?

Zachary Schimenz
Posted

I own a small business, so I already have a tax guy. Now I'm buying real estate investments to rent out to tenants, and I've read that you really should get a CPA who specializes in Real Estate.

How does this work? Do I need to fire my normal tax guy, or do I hire the Real Estate tax guy and he works WITH my normal tax guy?

Thanks and let me know if you have any advice!

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Steven Hamilton II's profile image
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Steven Hamilton II
  • Accountant, Enrolled Agent
  • from Grayslake, IL
  • Member since Jan 11, 2011
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Steven Hamilton II's profile image
Steven Hamilton II's profile image
Steven Hamilton II
  • Accountant, Enrolled Agent
  • from Grayslake, IL
  • Member since Jan 11, 2011
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Steven Hamilton II
  • Accountant, Enrolled Agent
  • Grayslake, IL
2,325
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5,271
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Steven Hamilton II
  • Accountant, Enrolled Agent
  • Grayslake, IL
Replied

You will find most accountants that specialize in real estate are far more experienced in business as we work with both active businesses and passive rentals. 

  • Steven Hamilton II
  • [email protected]
  • (224) 381-2660
    • 2 Votes
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