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Updated about 7 years ago on . Most recent reply

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140
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Kristen Ray
  • Rental Property Investor
  • Ellicott City, MD
20
Votes |
140
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Real Estate Accounting Questions

Kristen Ray
  • Rental Property Investor
  • Ellicott City, MD
Posted

Hello,

I am new to Real estate. I am in the beginning phases of interviewing my dream team which includes an accountant. 

For the experienced investors what questions should I ask my accountant when starting up?

What accounting advice do you wish you had when you started investing?

Please help

Most Popular Reply

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Bob Malecki#5 Tax Liens & Mortgage Notes Contributor
  • Investor
  • Kingston, WA
1,451
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1,723
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Bob Malecki#5 Tax Liens & Mortgage Notes Contributor
  • Investor
  • Kingston, WA
Replied

It would be good to find an accountant who has or currently does invest in real estate. Some hands-on experience in the field you are wanting them to do your accounting always helps them understand your business model better than one who has not venture into the REI space.

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