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 5 years ago,

User Stats

487
Posts
658
Votes
Joshua McMillion
  • Rental Property Investor
  • Madison, AL
658
Votes |
487
Posts

Finding the right CPA

Joshua McMillion
  • Rental Property Investor
  • Madison, AL
Posted

Hello,

I am relatively new to bigger pockets and real estate investing. Some background, I'm active duty military and recently purchased my first rental property. This property is currently rented, with the start date of June 2019. My family and I used a house hacking strategy and plan on continuing this strategy moving forward. This is the first year my wife and I contemplated using a CPA Vs. H&R Block, which is our usual method. Also, we have not formed an LLC but plan to within the next two years.

Question:

1. How should I search for a CPA with a focus on real estate and military?

2. What are the risks of not having a local CPA?

- we move every two or three years.

3. Is it worth hiring a CPA with only one rental property?

4. How much does normal CPA services run and is it a upfront amount Vs. monthly?

5. Curious: when should I form an LLC?

6. What states are the best to form them?

Thank you ALL in advance!

Sincerely Josh

Loading replies...