Question by L B: What is the best tax prep software for rental property owners?
Every year we spend over $ 350 on a tax preparer and end up with errors which the IRS seems to correct before sending us a check for more value than what we are told. We want to try and prepare our own taxes this time but not sure what software we should get. We have a rental property in North Carolina for which we pay a mortgage and are living in a rental apartment in Virginia. We have 2 dependents and one of us works part time and the other full time. What software do you recommend in this situation? We have vista on our computer. Thanks much!
Answer by Oldmansea
Turbo Tax is what I use, I always pay the 80 or 90 dollars for the deluxe edition which does rentals and other business stuff.
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