One of the most compelling reasons to choose to invest in real estate over other investments is the vast tax benefits. In fact, it’s one of the main points of discussion each time we talk about why to invest in real estate. However, navigating the tax code and legal nuance can be a mystifying exercise in frustration.
As 2019 kicks off, one item growing on many of our to-do lists is taxes. As records begin to trickle in and your documents get in order, you begin to sort out every last financial detail so that you can pass it all over to your trusted CPA. After all, you want your tax return back as soon as possible.
For real estate investors, nothing can really match the expert eye of a licensed CPA—but if you choose to rely on technology, we like to ensure that we’re picking reliable software!
Not all programs or apps are created equal. Tax software doesn’t always come with the features investors need to manage our unique financial circumstances. These are some tax software and programs that take investors into consideration so, come tax-time, you’ll get the most from your deductions!
Topics: tax prep