Best CPAs for Real Estate Investors Near San Francisco

Real estate investors in the Bay Area need a CPA who can handle both the federal side — depreciation schedules, cost segregation, 1031 exchanges, passive activity loss rules — and the California side, which adds its own layer of complexity. California does not conform to federal bonus depreciation, the FTB charges an LLC fee based on gross rental receipts (not profit), and the California Franchise Tax Board applies its own rules to nonresident withholding on property sales. A general tax preparer who does not know these California-specific requirements will cost you money in missed deductions and unexpected bills.

If you own a rental property in San Francisco, Oakland, San Jose, or anywhere in the Bay Area and your CPA is filing one return a year without discussing depreciation strategy, your tax situation is probably not optimized.

This article walks through the best-rated CPA firms in the Bay Area for real estate investors, what each one brings to the table, and the questions worth asking before you hire one.

Real estate in the Bay Area is expensive enough that the tax decisions matter at every stage — whether you own one Sunset District rental or a portfolio of East Bay multifamilies. The right CPA in this niche is not just a tax preparer. They are a strategic partner who understands how to time depreciation, structure ownership, and plan dispositions to minimize both your federal and California tax burden.

What a Real Estate CPA Actually Needs to Know

• ‍Depreciation. Residential rental property depreciates over 27.5 years under standard MACRS, commercial over 39 years. Cost segregation studies can front-load a significant share of that depreciation into the first year — but California requires you to use its own, slower depreciation schedules. Your CPA needs to run both calculations and make sure your California estimated payments reflect the difference.‍
• 1031 exchanges. The IRS allows you to defer capital gains under IRC Section 1031 by reinvesting proceeds into like-kind property. California conforms to the federal 1031 rules for real property, but it has a clawback provision: if you exchange into property outside California, the state tracks that deferred gain and taxes it when the replacement property eventually sells. A CPA who only knows the federal rules will miss this.‍
• The LLC fee on rental income. California charges LLCs an annual fee based on total California gross income — including gross rents, not net rents. An LLC holding a $600,000-per-year rental property with $580,000 in expenses still owes the LLC fee based on $600,000 in gross receipts, not on the $20,000 net. Many real estate investors discover this for the first time when the FTB sends a bill. Per the FTB's LLC fee schedule, gross receipts between $500,000 and $999,999 trigger a $2,500 fee on top of the $800 annual minimum.

The Best CPAs for Real Estate Investors Near San Francisco

1. Asnani CPA Tax & Accounting — Hayward, CA (Serving All Bay Area)

We are Asnani CPA. We work with Bay Area real estate investors and rental property owners on tax planning, depreciation strategy, entity structuring, and ongoing bookkeeping. We understand how California's LLC fee structure, FTB conformity gaps on depreciation, and 1031 exchange tracking interact — and we build that knowledge into the returns we prepare and the advice we give throughout the year. Rated 5.0 with 29 Google reviews. Start here.

2. Tony Quach & Co. CPA — San Francisco, CA

Tony Quach is one of the most-reviewed CPA firms in San Francisco with 92 Google reviews and strong placement across both real estate keyword searches in the Bay Area. They serve a broad range of clients including real estate investors, which means they bring real transaction volume and a tested process rather than occasional familiarity with the category. For investors who want a well-reviewed San Francisco CPA with demonstrated local experience, Tony Quach is a well-established option. Visit tonyquach.com.

3. Basta & Company — San Francisco, CA

Basta & Company explicitly positions itself for real estate alongside tech and construction — industries where the accounting requires project-level tracking, depreciation management, and multi-entity coordination. That combination suggests a firm with real depth in the cost accounting and asset tracking that real estate investors need, not just a general practice that handles occasional real estate clients. Their 5.0 rating reflects a client base that has tested that claim. Visit bastacpa.com.

4. Alpha B Group — San Francisco Area

Alpha B Group carries 104 Google reviews at a 4.9 rating — one of the larger and better-rated practices in the Bay Area for real estate and investor tax work. High review volume in this niche typically indicates a firm that has processed enough real estate transactions to have a repeatable, tested approach. They serve Bay Area clients with tax and accounting services across property types and ownership structures. Visit alphabgroup.com.

5. Dimov Tax Specialists — San Francisco Area

Dimov Tax has the highest review count of any firm in this category at 475 reviews, which reflects a scaled practice with significant client volume. Volume at this level means the firm has developed systems for handling real estate tax complexity efficiently. They serve Bay Area real estate investors with tax preparation and planning services across a wide range of property types. If you want a highly-reviewed firm with demonstrated capacity for volume, Dimov is worth evaluating. Visit dimovtax.com.

6. Sanjay Taxpro — Bay Area (Milpitas)

Sanjay Taxpro has built one of the most-reviewed practices in the entire Bay Area dataset with 870 reviews — a remarkable volume for a local firm. That scale suggests a business that has processed thousands of returns and refined its approach over many years. They serve real estate investors and business owners across the Bay Area, with a strong South Bay and East Bay presence. For investors who prioritize a firm with an extensive local track record, Sanjay Taxpro has built one of the most substantial in the market. Visit sanjaytaxpro.com.

7. Flex Tax and Consulting Group — San Francisco, CA

Flex Tax brings a consulting orientation to real estate tax work, which matters when you are making decisions about timing a sale, structuring a 1031 exchange, or choosing between property held personally versus through an LLC. With 82 reviews at a 4.9 rating, they have built a strong Bay Area presence across both real estate and business tax services. For investors who want a CPA who will engage with the strategic questions, not just the compliance ones, Flex Tax is worth a conversation. Visit flextcg.com.

8. Son Le — Tax and Real Estate Services — Bay Area

Son Le's practice bridges tax services and real estate in a way that few CPA firms do explicitly. That dual focus is genuinely useful for investors who are active in the Bay Area market and want a CPA who understands both the transaction side and the tax side of real estate decisions. Their 5.0 rating reflects a tight, well-served client base. Visit fintaxadvantage.com.

9. Nidhi Jain CPA — Bay Area

Nidhi Jain CPA serves real estate investors and small business owners across the Bay Area with a strong East Bay and South Bay presence. With 93 reviews at a 4.7 rating, she has built a practice grounded in local market knowledge and consistent client service. For Bay Area real estate investors who want a CPA with deep local roots and a track record of real client volume, Nidhi Jain is worth considering. Visit nidhicpa.com.

10. Dunham Associates CPAs — Bay Area

Dunham Associates led the local search results for the "CPA for real estate investors" keyword in the Bay Area, which reflects deliberate positioning in this niche rather than incidental ranking. They serve Bay Area clients with CPA services focused on real estate and business tax needs. For investors who want a firm that has explicitly built a real estate CPA practice, Dunham Associates is a natural fit to evaluate. Visit dunhamcpas.com.

Why This List Exists

We built this article because Bay Area real estate investors search for tax help and deserve better than a generic accountant who sees their property once a year at filing time.

We are Asnani CPA and we work with rental property owners and real estate investors throughout the Bay Area year-round. If you want a second look at your current tax strategy, connect with us here.

Check out some of our additional resources for Real Estate Investors below. We hope you find them helfpul!

LLC vs. S-Corp in California — How entity structure affects real estate investors in California

What Is the California FTB and Why Is It Sending You Letters? — Understanding the FTB's LLC fee on rental income

How Much Does a CPA Cost for a Small Business in the Bay Area? — What real estate CPA fees look like in 2026