flyhi 24 #1 January 1, 2006 Just wondered if anyone ever bought a house and then used TurboTax that tax year to report it. Did it capture everything, i.e. moving expenses, closing costs, association fees, financing charges? Was it easy to use for that portion? Anyway to determine if you missed anything? I have used TurboTax for the past six years or so, but was renting. This is the first time with a house. Any insights would be appreciated.Shit happens. And it usually happens because of physics. Quote Share this post Link to post Share on other sites
NWFlyer 2 #2 January 1, 2006 Yes, and I think it got everything. I didn't end up getting a tax break that year because I bought so late in the year (late October), but I've used it since then and it makes dealing with all the tax implications of home ownership very easy."There is only one basic human right, the right to do as you damn well please. And with it comes the only basic human duty, the duty to take the consequences." -P.J. O'Rourke Quote Share this post Link to post Share on other sites
TomAiello 26 #3 January 1, 2006 Yes. And yes. Turbotax works great for simple home purchase and ownership type transactions. It does have some trouble if you start making more complex transactions involving rentals, exchanges, etc.-- Tom Aiello Tom@SnakeRiverBASE.com SnakeRiverBASE.com Quote Share this post Link to post Share on other sites
Elisha 1 #4 January 2, 2006 QuoteYes, and I think it got everything. I didn't end up getting a tax break that year because I bought so late in the year (late October), but I've used it since then and it makes dealing with all the tax implications of home ownership very easy. What she said... and you can't deduct HOA dues as an expense. Sux, but that's life. Quote Share this post Link to post Share on other sites
