All Forum Posts by: Emmanuel Cortez

Hello Emmanuel, We work with folks doing house hacking, STR loophole, and REPS all over the US. Consider checking us out: taxwisecorp.com

@Emmanuel Cortez

I recommend finding an accountant who specializes in real estate taxation and tax planning.

You may want to consider working with your accountant remotely to expand your options.

I would also recommend looking for a accountant willing to work with you throughout the year. You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.

Good luck.

Hi Emmanuel!

I would highly recommend two options:

1. Use the above feature "Build Your Team" and find that accountant. Granted sometimes they are remote which isn't an issue. I'm located in Texas as well but we are 100% remote working with clients. Sometimes the best tax professional for you isn't local.

2. Contact a few accountants you see active here in the forms. Typically if they are active in the forms they probably have a good amount of real estate investing tax knowledge.

Good luck and congrats on the new multi-unit!

Just to add.. I set up 2 LLCs with Prime and I was happy with that process.  I had my tax consultation yesterday and ended up signing up before realizing some of the potential negatives.  Personally I'm a bit concerned about the outsourcing of the service because I feel like I'm rolling the dice in hopes I get a good accountant assigned to me. It may also be difficult to have other professionals communicate with them efficiently (attorney, bookkeepers, etc.) I have a 3 day period to cancel the service and take my $2,900 in another direction. Still weighing the options for now..