TAX DEPRECIATION FOR LANDLORD

[Allison Flores]

Hi, I am new to investing, I do have some properties with my mom but I am now looking to expand our investment and to dive into tax benefits since I was so unaware of it for so many years. 

Does property depreciation apply to single family homes rentals for tax benefits ? if so, how do you file for that? do you need a CPA to do that for you? 

I live in Miami, so If anyone can recommend a CPA specialized in RE Tax Law that would be very helpful. 

Can one have a CPA in another state? is it recommended since laws may vary from state to state ? any thoughts on this?

Any guidance on this is very helpful!

Thank you. 

[Eamonn McElroy]

Most tax CPA firms can work with clients worldwide.  Everything is digital now.

If you are in Miami and have an established portfolio with your mom, you may want to reach out to @Lance Lvovsky and see if he can help as he is local to you.