When to start using tax consultant

Havan8655

Focused Investor
Registered
May 3, 2016
46
5
8
#1
I have one rental property in the past and using turbotax for my tax filings but I added second property last year. I am wondering Can I still make it with turbotax or better to start having a tax consultant? Any pros and cons?
 

GaryGohren

New Forum Member
REIN Member
Jan 5, 2012
6
1
1
Vancouver
#2
We use Profile Tax software at our tax practice here in Vancouver but I believe TurboTax can also have multiple properties on the T776 Rental Schedule. The only problem that you might have is if Turbo tax can handle the depreciation on two separate buildings (if you are taking advantage of that). Feel free to call me Gary at 604-689-5755 for free if you want to discuss this further.
 
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