All Forum Posts by: Daniel Hyman

@Chris Kimsey

You have plenty of options here of CPA's here on the BP forums. Search around and reach out. It's late, but I know that some are still taking on new clients.

@Elvis Dur

While an S-corp might be a consideration for your realtor income, you likely won't want to hold rentals in there. You should consult with a CPA for guidance on that structure.

As for the location of your LLC, you'll want to consult with an attorney who can advise you on domestic/foreign LLC options for maximum asset protection.

QB is great for larger portfolios or investors looking to scale quickly. But there is a real learning curve there.

If you want to dip your toe in the waters of the accounting software ocean, you might want to try Stessa for starters. Its free and has a much quicker learning curve. 

@Aaron Law

Excel can work and many investors live on excel. As you scale, invariably start to consider software options for management and accounting. Some popular options are Quickbooks, Stessa, Rentredi, Appfolio, and others.

@Daniel Murphy

This is a good tax guide for starters. https://www.biggerpockets.com/...

As for finding a CPA, check out the BP forums and reach out to someone. See who is still taking on clients for this year.

Good recommendations on PM software from @Nathan Fisher.

You might want to check into Quickbooks Online for internal accounting software.

@Kurt Key

Welcome!

You may want to start with some of the great posts and guides here on BP. Check this one out for starters.

https://www.biggerpockets.com/...

@Katherine K.

Click on Network > Companies Type > Professional Services > Specialties > Accounting 

@Pier Di Giorgio 

Feel free to be in touch if I can be helpful in any way.

Thanks for the mention @Yonah Weiss! I'm honored to be mentioned among these all stars.

You might want to check in with a CPA that specializes in real estate to help guide you in setting up your banking and books properly. Some firms offer coaching sessions for these tasks.