Base on your experience, worth it to hire a CPA for tax planning around 5k? I would love to hear some stories. I am getting into rentals next year and could use some help to offset my W-2 income.

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5K seems like a lot for planning, as a former tax CPA myself (ex - Big 4). I could understand if you had a bunch of different entities and estimated payments, etc. for annual compliance (tax returns), $5K may even be a lot for all that, it just depends on how complex your situation is. But $5K just seems like a lot for intro planning.

If it’s on retainer and includes compliance, estimated payments, research maybe but…
Idk, just my 2 cents.

It is prudent to speak with someone though, maybe multiple. People usually do consultations.

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