Tax, SDIRAs & Cost Segregation
Market News & Data
General Info
Real Estate Strategies
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/hospitable-deef083b895516ce26951b0ca48cf8f170861d742d4a4cb6cf5d19396b5eaac6.png)
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_trust-2bcce80d03411a9e99a3cbcf4201c034562e18a3fc6eecd3fd22ecd5350c3aa5.avif)
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_1031_exchange-96bbcda3f8ad2d724c0ac759709c7e295979badd52e428240d6eaad5c8eff385.avif)
Real Estate Classifieds
Reviews & Feedback
Updated over 9 years ago on . Most recent reply
![Rich Semakula's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/189544/1621432040-avatar-ridsem.jpg?twic=v1/output=image/cover=128x128&v=2)
Filing Taxes
Hi There,
Just wondering if there is an advantage or difference between filing taxes using a Schedule E vs using a Schedule C. Could someone please help clarify?
Thank you in advance for all your help!
Rich
Most Popular Reply
![Brandon Hall's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/169950/1685187252-avatar-bhall005.jpg?twic=v1/output=image/crop=800x800@0x0/cover=128x128&v=2)
@Chin P. The value of a CPA isn't realized from simply tax preparation. Of course you can use TurboTax, and probably have somewhat accurate returns, however TurboTax doesn't evaluate your financial and real estate goals. TurboTax doesn't help you plan for the future. And if you get audited, you can't run to TurboTax for help.
Regardless, I highly recommend reading up on various tax laws and publications that will affect your unique situation as it's always beneficial to be informed.