Skip to content
×
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
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
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 over 5 years ago on . Most recent reply presented by

User Stats

11
Posts
9
Votes
Spencer Small
  • Cleveland, OH
9
Votes |
11
Posts

Houston NEWBIE NEEDS A CPA

Spencer Small
  • Cleveland, OH
Posted

Hi. I recently upgraded to PRO and am looking for recommendations for how to find a CPA that specializes in real estate investing after listening to a podcast. I live in the Houston area but I'm investing in my hometown Cleveland, OH. I'm closing on my first duplex in 2 weeks. I'm looking to get a HELOC to help with my BRRRR strategy to secure a second duplex soon. I need to understand the advantages/disadvantages of using personal lines of credit vs business line as it relates to tax benefits. Your help is much appreciated.

Most Popular Reply

User Stats

8,153
Posts
3,695
Votes
Basit Siddiqi
  • Accountant
  • New York, NY
3,695
Votes |
8,153
Posts
Basit Siddiqi
  • Accountant
  • New York, NY
Replied

@Spencer Small

You may want to reach out to @Michael Plaks who is based out of Houston. He is a frequent contributor on biggerpockets and knowledgeable in real estate and taxation.

Regarding investing in Ohio. Make sure you are familiar with all the locality tax returns.

business profile image
Basit Siddiqi CPA
4.9 stars
78 Reviews

Loading replies...