Surrounding yourself with a team of professionals with the validated experience and knowledge to help you achieve your goals, is critical if you want to be a successful property investor. One of the professionals you will need on your team is an Accountant.

Here is what I look for in a good Accountant.

1. Someone who provides advice.

I see an Accountant as a professional with extensive current knowledge in his/her area of expertise. I expect them to provide me advice. This may sound obvious, however my experience has told me that some Accountants only provide information when you ask a question. I don’t know what I don’t know … so if I don’t ask a question, I don’t get the answer.

A good Accountant will be forthcoming with the necessary information that affects your property investment strategy.

2. Not someone who just processes your tax return.

In the past, we have paid a lot of money for an Accountant who really just processed our Tax Return. I have found large variations in the rates Accountants charge. The variation can be justified depending on the depth of the service delivered. Some Accountants provide advice and develop strategy, however others purely process tax returns.

Be sure you are only paying for the service you are receiving, Viagra Professional or else find another Accountant.

3. Someone who understands property investing.

I only wish to take the advice of those who have already achieved what I am aiming to achieve. Find an Accountant who Levitra Professional invests in property … who understands property. Someone who doesn’t just give advice in theory, but bases the advice on actual experience and expertise.

4. Someone who is accessible.

I like working with an Accountant who is accessible when I need information. Accountants have demanding schedules. It doesn’t mean I always have to speak to the Accountant. It may mean they have excellent support staff, proficient in supporting client’s needs.

5. Someone with efficient systems.

I do not want to pay an Accountant to sort through my accounts and files. That is something I can do, for free. I was very excited when I found an Accountant who provided me with data entry templates. He advised me to enter all the accounts into the templates and forward them to his office.

They created an efficient system that they expected the client to follow. The client is responsible for the organization and data entry of the accounts … the Accountant is responsible for advice, cash-flow management, growth strategies, compliance, etc.

6. Someone who works well with other professionals.

An Accountant is a specialist in their area of expertise, however as a property investor I require other professional services. An Accountant who has a network of professionals who also invest in and understand property is most valuable.

7. Someone that develops you.

I have worked with some Accountants who complete my tax return each year, return my files and then I receive the invoice. No further contact is made until next year’s tax return is due.

I’ve had other Accountants who stay connected all year round. They have hosted information sessions, conducted strategy review meetings, introduced me to professionals in other industries and provided educational resources.

Property investing is a long-term strategy. Building a team of professionals who filter essential information through to you is important. It may take you time to find your ideal Accountant. Experience will tell you when you have found the one that matches with your investment goals.

Author Bio: Suzie Crawford works with people who are tired of working for others and want expert guidance on how to make money through property. Register here for free 8-week online Training Program PLUS receive bonuses to the value of $162. http://www.youcan.com.au
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Category: Finance/Real Estate
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