CPA Recommendation & Avg Cost - Providence, RI (or elsewhere)

[Gabriel L.]

Hello BP Community,

I am new to real estate investing and am doing my first house hack in the Providence, RI area. I am currently in the process of building my team and am looking for a CPA that has experience working with real estate investors to help with long term tax strategy. Do you guys have any recommendations? I know from other forum posts that we beyond RI for a good CPA with real estate investment. We've had a couple great conversations with CPAs out of state, but have been quoted from $1800 to $3000 for tax planning and filing 2020 returns. We have one property that we are house hacking, so not sure if these quotes are typical or not. Any advise would be greatly appreciated. 

Thanks, 

Gabriel

[Jonathan Small]

I pay around 1,000.  I have multiple properties and 2 business.  I highly recommend someone that is skilled in real estate.  Just like doctors, not all accountants are the same.  My accountants specialize in real estate tax.  I also appreciate that they give me advice on how to do future deals and take advantage of tax law.  DM me if you need a reference.  Best wishes.