Need top 10 to look for in CPA! - Posted by steph in tex

Real Estate Investing
1

Posted by Mark P. in Texas on January 13, 2001 at 24:03:55:

I am also interviewing CPA’s and would find this very helpful as well. Thanks

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Need top 10 to look for in CPA! - Posted by steph in tex

Posted by steph in tex on January 12, 2001 at 08:19:51:

My current CPA is pretty good for basics. Now that we have grown to multiple corps / businessses, I think I need to step it up. There are some things she just can’t answer.

What are the top 10 things YOU might ask to help you find the best and most experienced CPA for this biz? Seems I can always think of questions, until I’m sitting in front of them. I’m compiling a list, and would love input from this group.

Thanks in advance

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Re: Need top 10 to look for in CPA! - Posted by Monique

Posted by Monique on January 14, 2001 at 18:19:34:

Hey Steph,

I was hoping a bunch of folks would post a response. We need to interview some CPAs and do an “upgrade” too.

I searched a few websites and found the following thoughts on the subject at richdad.com:
http://phorum.richdad.com/read.php?f=2&i=2544&t=2451

Things I would add to the list:

  • What percentage of your client base are real estate investors? “Dealers” vs. Landlords?
  • When was your last purchase and sale of real estate in your own portfolio?
  • What was the most complex tax filing you had to do for a real estate investor?
  • Familiarity with entity structuring for tax planning and asset planning purposes
  • How do you keep your clients current on the changes in the tax law that can impact their business?

Just my thoughts!

Monique

ps: See you in less than 90 days at the Convention!

pps: Did you ever get the fax I sent you?