I am looking for an Accountant that can help guide me through some K-1's for some multi-family investments that I participate in. I have always done my own taxes because W2's and stock sales have always been pretty simple to deal with and while the K-1's should in theory be straightforward, the numbers on the K-1's (1231 gain and unrecaptured section 1250 gains) don't seem to match up with what I have been tracking. Perhaps I am just not accurately taking advantage of the depreciation year to year. Probably makes sense to just turn it all over to a CPA at this point, but would like to start with a conversation.
I am on the west side of Houston, but with Teams/Zoom I don't think it actually matters where the accountant is located.
Any recommendations appreciated.
I am on the west side of Houston, but with Teams/Zoom I don't think it actually matters where the accountant is located.
Any recommendations appreciated.