Taxes for a newbie investor

[Chris Donathan]

Hi BP community, 

This was my first year diving into real estate and I successfully bought 2 single family rentals out of state. Now tax season approaches and I'm completely lost and nervous as to how I should file my taxes.

For reference, each sfr is under $140k, and are located in the state of Arkansas. I live in southern California. 

How do I do my taxes without screwing myself? 

thanks! 

chris