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Updated about 7 hours ago on . Most recent reply presented by

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6
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Brandon Garcia
4
Votes |
6
Posts

TurboTax vs. CPA for only one rental?

Brandon Garcia
Posted

Hi all, 

I just bought my first rental property this year, so it'll be the first time filing taxes with this. My primary W2 is pretty basic and have always used TurboTax, but now that I have this rental is it better to get a CPA or TurboTax should still work with just one property? Any advice is much appreciated! 

Most Popular Reply

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5,622
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Nicholas L.
#5 All Forums Contributor
  • Flipper/Rehabber
  • Pittsburgh
4,767
Votes |
5,622
Posts
Nicholas L.
#5 All Forums Contributor
  • Flipper/Rehabber
  • Pittsburgh
Replied

@Brandon Garcia I think I hired a CPA when I got to 5.  I think it depends on your overall tax situation and if you have anything else complicated.  One property is not at all difficult to do yourself.

  • Nicholas L.
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