Turbotax isn't going to educate you so unless you'd like to educate yourself and potentially make some costly pitfalls, then I'd outsource.

The forms are online, and it costs $100 per filing. 

We have our own design team, contractors, and real estate agency under one roof, which saves time, cuts costs, and improves communication across projects.

And cost is not coming down.

Pretty easy to get a $6,000 to $10,000+ sewer dig up and replace cost if it's a perfect wide-open area.

Also, the turnover will be much lower, but maintenance costs might shift too, so it's good to plan for that.Happy to connect if you need more tips!

In a great and popular location with rising rents and upside on price with renovations but also that will cost in the short term to improve the property. 

Start small, ensure your numbers (purchase + rehab + holding + selling costs) leave room for profit, and build a reliable team (contractor, agent, lender).For financing, work with lenders who specialize in fix-and-flips. 

., I look at worst case of what would it cost to roll-back all changes and add that in. 

If you ever want to get into a tenant nightmare of costly potential litigation become a landlord, have the ac go out in Phoenix in July, and inform the tenant that you just don’t have the funds to replace it!.