Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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 4 years ago on . Most recent reply

User Stats

7
Posts
5
Votes
Rebecca Silva
  • Rental Property Investor
  • Portland OR (portland, or)
5
Votes |
7
Posts

WANTED: RE-friendly Accountant. Recommendations Please.

Rebecca Silva
  • Rental Property Investor
  • Portland OR (portland, or)
Posted

I was recently on the phone with my CPA. When he found out I was on the cusp of purchasing my first investment property he flipped out. Have you ever seen an introverted, analytic-type personality get emotional? It was unexpected to say the least. Apparently he tried real estate himself once and it went horribly wrong. He spent 80% of our 1-hr meeting trying to talk me out of it. I know he meant well.

I want a watch dog on my team, but I want that watch dog to be supportive of my rational, educated choice to move into REI. I won't surround myself with people who will inadvertently hold me back. So I'm stepping away from this relationship and on the hunt for a new one. Am I being unreasonable?

Recommendations please. How would you suggest I find a RE-supportive CPA?

Thanks in advance for your help. I'm open to feedback.


Most Popular Reply

User Stats

5,125
Posts
6,007
Votes
Michael Plaks
#1 Tax, SDIRAs & Cost Segregation Contributor
  • Tax Accountant / Enrolled Agent
  • Houston, TX
6,007
Votes |
5,125
Posts
Michael Plaks
#1 Tax, SDIRAs & Cost Segregation Contributor
  • Tax Accountant / Enrolled Agent
  • Houston, TX
Replied

@Rebecca Silva

Was your CPA Portland-based, or a millennial, or both? That's the only explanation I can think of. :)

Read this forum, see who answers questions and how, and contact those who you like. There're quite a few emotionally stable tax professionals here, all specializing in real estate.

  • Michael Plaks
  • Loading replies...