Investor · Bakersfield, CA · Member since 2016 · 38 posts · 25 votes
Hello, we have several Vacation rental properties and are starting to get requests to manager others. We are looking to start immediately but would like recommendations for CPAs and lawyers who are familiar with industry and writing up contracts on this topic. Any recommendations?
Are you open to working with your accountant remotely? I recommend finding an accountant who specializes in real estate taxation over one that is local. You may want to consider working with your accountant remotely to expand your options.
I would also recommend looking for a tax strategist who is willing to work with you throughout the year, not just when preparing your tax return. You want an accountant that can help you strategize and who is responsive when you want to know the tax consequences of the decisions you are making throughout the year.
Good luck and let me know if you have any questions.