Tax preparation tips for real estate pros 
Real Estate Tax Talk
By Stephen Fishman, Friday, February 25, 2011.
Flickr image courtesy of alancleaver_2000.Q. Should I use TurboTax or hire a tax professional to do my tax returns?
A. There is no single answer to this question. Many real estate professionals prepare their taxes themselves, and often with the aid of tax preparation software such as TurboTax. Such software makes preparing your own returns far easier than it used to be, and it can save you money.
Most tax professionals would likely charge somewhere between $250 and $500 to prepare your return. Tax preparation software typically costs less than $100.
If you've kept good records and have a relatively simple return, doing it yourself can work just fine. This can work out particularly well if you used a tax pro to prepare your return for a prior year and your return for the current year is much the same.
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