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Updated 9 months ago on . Most recent reply

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Anthony Cole
8
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8
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Looking for new CPA for tax advice, we own 4 properties (9 Doors) in WA, OR, and CA

Anthony Cole
Posted

Hoping to connect with a CPA or professional tax advisor that has experience in real estate. Our current accountant is wonderful but has limited expertise in navigating the real estate realm. We are excited to discuss strategies to maximize our returns and grow our portfolio while being mindful of complex tax implications.  Looking forward to any and all referrals!

Most Popular Reply

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188
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112
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Joshua Thompson
  • Accountant
  • Princeton, TX
112
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188
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Joshua Thompson
  • Accountant
  • Princeton, TX
Replied
Quote from @Basit Siddiqi:

You have propertes across different states, make sure to work with a professional who understands multi-state taxation and real estate taxation.

Just a friendly reminder that each state operates differently - some treat bonus depreciation differently and provide different tax credits / deductions.

Best of luck

This is gold! Do not overlook this. I've seen mistakes regarding multistate returns and bonus depreciation and it causes a LARGE swing in state taxes if done incorrectly.
  • Joshua Thompson
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Thompson Tax Group LLC
5.0 stars
33 Reviews

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