Lisa99
Thinks s/he gets paid by the post
- Joined
- Aug 5, 2010
- Messages
- 1,440
Some of you know me from our escape in August 2010 from Ameriprise. Well, the DIY investing is going great, our portfolio is doing well, I've learned a ton and our investing is pretty much on auto-pilot.
So what's next? Today I'm going to learn how to do our taxes. I did them until about four years ago using TurboTax. When the Ameriprise statements got SO confusing and we added three rental properties I found a tax person to do the work. He does a straight filing, no suggestions on where we could save, no 'planning', so no value add.
His fee is now up to $750. If we DIY through Vanguard it will cost $9.95 since I'll be using TurboTax Premier to help with the rental properties.
I have all our past tax statements so can reconstruct the rental property cost basis, depreciation, etc.
Wish me luck, I'm a bit hesitant, but then I was also scared when I moved our money from Ameriprise to Vanguard...being out of my comfort zone is all about learning so here goes!
And BTW, I didn't put this in "what did you do today, because I'm hoping that if I get stuck that I can ask you guys questions!
So what's next? Today I'm going to learn how to do our taxes. I did them until about four years ago using TurboTax. When the Ameriprise statements got SO confusing and we added three rental properties I found a tax person to do the work. He does a straight filing, no suggestions on where we could save, no 'planning', so no value add.
His fee is now up to $750. If we DIY through Vanguard it will cost $9.95 since I'll be using TurboTax Premier to help with the rental properties.
I have all our past tax statements so can reconstruct the rental property cost basis, depreciation, etc.
Wish me luck, I'm a bit hesitant, but then I was also scared when I moved our money from Ameriprise to Vanguard...being out of my comfort zone is all about learning so here goes!
And BTW, I didn't put this in "what did you do today, because I'm hoping that if I get stuck that I can ask you guys questions!