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Updated 11 months ago on . Most recent reply
Is using Turbo Tax ok for rental properties
I have 2 rentals and do use a CPA for my tax returns. Is it possible to save some money using Turbo Tax? Thanks
Most Popular Reply
I used turbo tax for years with 4 SFRs. You have to get the high-cost version, but it handles rental properties easily. It's not rocket science. Just keep track of all your costs, expenses, etc and at tax reporting time enter all the information.
I found it invaluable as a tool to learn more about tax law and play with "what-if" scenarios.
I found it invaluable as a tool to learn more about tax law and play with "what-if" scenarios.