All Forum Posts by: Bill Hampton

@John Strianese

You came to the right place. A good real estate accountant can save you a ton of money by leveraging entity selection and formation, tax deductions and tax planning.

I recommend finding an accountant who specializes in business taxation, 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.

There are over 20 real estate accountants on this site. Reach out to a few, see who you like and see if they are accepting new clients.

Good luck.

@Ben Stanley

If you have to use 401k funds for a down payment, then you are not financially ready to buy a house. 

Please save enough money so you don't have to touch your retirement accounts for the down payment. 

Also, make sure you have an emergency fund to cover six to twelve months of expenses before you buy a house. 

Good luck. 

@Tess Fal

Join the Georgia Real Estate Investors Association, gareia dot com. They have monthly online and in person meetings for new investors and landlords. It's also a great place to find a mentor. 

Good luck. 

@Kathy Creighton-Smith

You came to the right place. A good real estate accountant can save you a ton of money by leveraging entity selection and formation, tax deductions and tax planning. 

 I recommend finding an accountant who specializes in business taxation, 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.

There are over 20 real estate accountants on this site. Reach out to a few, see who you like and see if they are accepting new clients. 

Good luck.

@Dan McEvoy

You came to the right place. A good real estate accountant can save you a ton of money using entity selection and formation, tax deductions and tax planning. 

 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.

There are over 20 real estate accountants on this site. Reach out to a few, see who you like and see if they are accepting new clients. 

Good luck.

 @Dan N.

What happens if you become incapacitated or you die? That's why you need an operating agreement. 

Good luck. 

@Brandon Krasner

Turbox charges $1749 for a full service partnership/business return. $1500 and up is the going rate. You may have to adjust your expectations. 

There are over 20 real estate accountants on this site. Reach out to a few and see who is accepting new clients. 

You can also ask investors in your local real estate investors association for recommendations. 

Good luck. 

@Timothy Mcleod

You should speak with your accountant first to see if you will benefit from a cost segregation study. If your accountant is not familiar with cost segregations, then it might be time for a new accountant. 

My clients and I have used Cost Segregation Authority with excellent results. 

@Dave Hart

Sorry to hear about your experience. There are a number of posts on this site about negative experiences with 1-800 accountants. Don't let that deter you. 

There are over 20 other real estate accountants on this site. Reach out to a few, see who you like and see if they are accepting new clients. 

You can also ask members of your local real estate investors association for real estate accountant recommendations.

Good luck. 

@Adam Hoeker

Check out Stessa and Azibo. 

Good luck.