When you’re building a real estate portfolio, you need more than just tax prep, you need strategy. That’s why so many Los Angeles real estate investors are moving away from large, impersonal firms and partnering with smaller, boutique CPA firms that know their industry inside and out.
1. Personalized Attention
Boutique firms like Holmes & Associates take the time to understand each client’s investment strategy. You’re not just a line item on a spreadsheet—you’re part of an ongoing conversation about building wealth efficiently.
2. Proactive Tax Planning
Rather than reacting at tax time, boutique CPAs work with clients throughout the year to plan for purchases, sales, and reinvestments. This kind of planning can uncover significant savings opportunities.
3. Expertise in Real Estate Accounting
From 1031 exchanges to passive loss rules, real estate accounting has its own set of complexities. Boutique firms often specialize in niche industries like real estate, which means they can identify deductions others might overlook.
4. Accessibility and Long-Term Relationships
At a smaller firm, you often work directly with senior partners. You’ll get answers faster and form relationships that last beyond tax season.
For real estate investors, the right accounting partner is a game-changer.
If you’re looking for a CPA who understands the ins and outs of real estate investing in Los Angeles, reach out to Holmes & Associates today.