Does anyone know of a good CPA in the greater Seattle area? I am a flipper looking for someone who specializes in RE investing tax returns and advise/guidance throughout the year.
I recommend finding a tax strategist that specializes in real estate taxation. You may want to consider working with your tax strategist 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.
Given we are accountants, we cannot promote our services on BP as its against the rules.
To help in your search:
be sure to find an accountant who is willing to grow with you, and is not too high priced fee-wise. Not too low either, you don't want to go with someone who is just focused on price as this is a quality of a not-so-great accountant. Accountants are in such demand, that the best are not even accepting clients half the time.
The other problem I see often with accountants on here is that they specialize in larger investors, and have really high prices when you as a smaller investor do not need all the bells and whistles.
Another thing I see is folks thinking they need to have a tax professional in their state. We as a firm have investors working with us who have rental properties all over the US big and small.
Finding a real estate-focused tax professional and one who can help with advisory and grow with you would be my suggestion to focus your efforts on finding. Best of luck in your search!
@Patrick Hoonan I know that you mentioned that you would like to work with a CPA in the Seattle area, but would you be willing to work with a CPA remotely? As you pointed out, a CPA who specializes in real estate is really the most important part. Nowadays, most CPAs can handle out-of-state returns.
If I were you, I would book calls with a few different CPAs who specializes in REI, regardless of their location, and pick the one that best aligns with your goals.