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Updated over 3 years ago on . Most recent reply

User Stats

16
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15
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Kyle Hilliard
  • Investor
  • Lansing, MI
15
Votes |
16
Posts

CPA Recommendation for Rental Property Buy and Hold

Kyle Hilliard
  • Investor
  • Lansing, MI
Posted

Hey everyone, 

I am going to buy my first rental property in the next few months and am looking for a CPA to advise me on REI tax issues. I want to be proactive about tax planning, so I'd like to meet with this person throughout the year, not just around mid-April. I met with one CPA but I don't think he will be a good fit for me. The vibe I got from him was that when you have a specific tax issue, you call him, and he fixes it for you. I want to work with someone who will LET ME KNOW of problems/ways I can maximize deductions well in advance. The person I met with also wasn't great at explaining complicated tax jargon into simpler terms. I want someone who is able to explain these concepts to me so I can learn.

Does anyone have a recommendation for a CPA that they've worked with that fits my description above? I live in Michigan, but am completely open to working with someone remotely. 

Thank you all in advance!

Most Popular Reply

User Stats

5,113
Posts
5,988
Votes
Michael Plaks
#1 Tax, SDIRAs & Cost Segregation Contributor
  • Tax Accountant / Enrolled Agent
  • Houston, TX
5,988
Votes |
5,113
Posts
Michael Plaks
#1 Tax, SDIRAs & Cost Segregation Contributor
  • Tax Accountant / Enrolled Agent
  • Houston, TX
Replied

@Kyle Hilliard

You can find 20+ accountants fitting your description right here on the forum. Spend an hour reading the forum and our answers. You will see whose explanations and personality you like. Then reach out to these experts and find out how they operate. 

  • Michael Plaks
  • Loading replies...