Looking for a CPA

[Johana Villamil]

Looking for a CPA specialized in real estate and Texas laws any recommendations?

[Zachary Jensen]

@Johana Villamil, 

You better hurry and find one, only a few more days until the deadline!!!

As Accountants on BP we cannot self-promote.

To help in and help in the 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!

[Fulton Abraham Sanchez]

@Johana Villamil, hi. You've come to the right place, there are over 20+ enlisted CPAs and accountants here in Biggerpockets working with clients across different states. Make sure you reach out to one that has real estate experience, as location is not really a problem these days. 

[Michael Plaks]

Quote from @Johana Villamil:

Looking for a CPA specialized in real estate and Texas laws any recommendations?

As my colleagues have said, you can find over 20 of us on this very forum. And our great State of Texas does not have state taxation, and even our Texas Franchise tax has been greatly simplified for this year, so there's not much Texas specifics.

[Matt Bontrager]

Quote from @Johana Villamil:

Looking for a CPA specialized in real estate and Texas laws any recommendations?

Hey Johana, we specialize in real estate at TrueBooks! We actually currently work with Robuilt who is the co-host of bigger pockets.

Feel free to grab a time with us here. Would love to chat. https://link.truebookscpa.com/widget/bookings/tbmeetwithjust...

[Basit Siddiqi]

The good thing about Texas is that the state does not have an individual income tax.
The only potential filing obligation with Texas is if you have an LLC / Entity and might have to file a franchise tax return.

Your BP profile mentions that you are a flipper. You may want to see if an S-Corp is beneficial to you to avoid paying self-employment taxes.

[Matt Bontrager]

Quote from @Johana Villamil:

Looking for a CPA specialized in real estate and Texas laws any recommendations?

Hi Joana, would love to connect. We currently work with many clients who do Cost Segs and using that STR loophole, and more! Rob Abasolo, the cohost of BP is actually one of our clients. Feel free to message me directly!