New Member Introductions
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated about 11 years ago,
Late introduction from new investor in based San Jose, Ca.
Hello all,
I live in the SF Bay area. I joined BP a few moths back, but have been, busy with school and work. As a result, this is my late intro now that I'm on summer break. Last summer I purchased my first investment property in Riverdale, Ga. It's a 3 bedroom, 2 bathroom, which I've been renting out as of 12/12 until current. Being that it was my first property, I ran into many surprises, and learned allot. At this point I plan to review my deal, and learn what I could have done better. I have many questions and hope to learn allot over this summer while I have time.
I purchased my home (nearly move in ready) back 8/20/12, and have delayed doing my taxes. I misplaced all of my receipts for experiences, and just found them 2 weeks ago.
Questions
1. Taxes
Can anyone suggest how I should handle my taxes? Better yet, how should I go about finding professional help?
I usually just go to H&R block, but from what I understand, there are many potential tax benefits. I'm thinking it would be in my best interest to find someone with experienced in REI.
2.
I'm not sure where to start. I call a few enrolled agents last week, but have yet to get a response. Should I get an accountant, or an enrolled agent? I have even had someone tell me I would be fine with turbo tax, but I want to maximize the tax benefits. If I don't, I feel I would be defeating the purpose.
Any suggestions would be greatly appreciated
Dee