Tax Software for Landlords: Schedule E and Depreciation

If you own 1-4 rental properties, your return needs Schedule E, a depreciation table on Form 4562, and possibly the QBI safe harbor election under Rev. Proc. 2019-38. Most affiliate sites will tell you this requires TurboTax Premier at $168. FreeTaxUSA does all of it at $0 federal + $14.99 state. That's the whole story for most landlords.

Commission disclosure: FreeTaxUSA pays us $2-$5. H&R Block pays $5-$15. TaxAct pays $5-$12. TurboTax pays $7-$25. Ranking order reflects product value.

Tax laws change annually. Verify current pricing and eligibility before filing. This is not tax advice — passive activity rules, depreciation continuity, and QBI safe harbor are complex. Consider an EA or CPA for multi-property portfolios.