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Do Real Estate Investors File Their Own Taxes



You know when I attend real estate seminars or clubs, or talk with our clients, who are regular people just like you that own a rental home, we often talk about accountants and taxes being filed for their property.

I would say the vast majority of people I talk to who own rental properties, also hire an accountant to file their taxes.
But why do they?

Now trust me, I’m definitely an advocate for hiring a tax professional to manage that process for you, and I do it as well.

There are some clear reasons to do so, right?

Saves them money by avoiding mistakes and doing it correctly. Often, because of their experience the accountant will see things the client can’t, which helps their client avoid issues with the IRS and also take home more money.

It saves the real estate investor a ton of time. We’re talking a lot of hours if they tried doing it on their own. Hiring a professional reduces their risk as well.

But it comes at a cost. But more often than not, the cost is viewed as a fair trade for the benefits just mentioned. In fact, most believe that because of their accountant, they make more money than they could have on their own.

As a property management company, many of our clients view our services the same way as they see their accountant. Because of our experience and expertise we save them money by avoiding mistakes, seeing things they often miss, save them a ton of time, and drastically reduce their risk and liability. Our client’s rental properties are often one of their most expensive assets, and they definitely want to have it overseen by a professional. Similarly, they believe that because of their property manager they make more money than they could have on their own.

So, if you are the kind of person that likes to hire a professional to do a professional’s job, we’d love to talk with you.

Feel free to explore if we’re a good fit for each other by scheduling a free discovery call with our team through our website KeyrenterSaltLake.com.

We look forward to talking with you. Thanks and take care!

You know when I attend real estate seminars or clubs, or talk with our clients, who are regular people just like you that own a rental home, we often talk about accountants and taxes being filed for their property.

I would say the vast majority of people I talk to who own rental properties, also hire an accountant to file their taxes.
But why do they?

Now trust me, I’m definitely an advocate for hiring a tax professional to manage that process for you, and I do it as well.

There are some clear reasons to do so, right?

Saves them money by avoiding mistakes and doing it correctly. Often, because of their experience the accountant will see things the client can’t, which helps their client avoid issues with the IRS and also take home more money.

It saves the real estate investor a ton of time. We’re talking a lot of hours if they tried doing it on their own. Hiring a professional reduces their risk as well.

But it comes at a cost. But more often than not, the cost is viewed as a fair trade for the benefits just mentioned. In fact, most believe that because of their accountant, they make more money than they could have on their own.

As a property management company, many of our clients view our services the same way as they see their accountant. Because of our experience and expertise we save them money by avoiding mistakes, seeing things they often miss, save them a ton of time, and drastically reduce their risk and liability. Our client’s rental properties are often one of their most expensive assets, and they definitely want to have it overseen by a professional. Similarly, they believe that because of their property manager they make more money than they could have on their own.

So, if you are the kind of person that likes to hire a professional to do a professional’s job, we’d love to talk with you.

Feel free to explore if we’re a good fit for each other by scheduling a free discovery call with our team through our website KeyrenterSaltLake.com.

We look forward to talking with you. Thanks and take care!



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