Finding An Accountant
I'm new at real estate investing. I have spent the last quarter on 2003 researching and learning about RE investing. I had my taxes done with my regular tax guy (H& R Block) and found out that I couldn't deduct my expenses for seminars, books and office equipment. What is the best way to locate a tax accountant and what questions do I ask to determine if they are the right ones. Would appreciate any guidence.
What was the reason you were told you cant take deductions for your business...I just had my taxes done and I took deductions for all my education and books and some business expenses...also, just the reason I wont use H&R Block. They arent trained to handle the needs of private businesses. I would get someone in the area to re-do those taxes and give you the write offs you are due. Good luck
Hello jemoore,
If you have a mortgage broker or realtor ask them. Chances are either person has a good accountant as many of them are real estate investors as well. Also, a good source would be your local REI associations. I have a great accountant, which I found through one of my mortgage brokers Good Luck!