Cost Segregation Analysis

[Rogerarias1992]

Hello TurboTax Team,

I purchased an out-of-state rental property in September 2024 and I’m considering a cost segregation analysis to accelerate depreciation.

If I opt for TurboTax Expert filing services and provide the cost segregation analysis report from the company that conducted the study, will the TurboTax expert review and incorporate the depreciation adjustments from the analysis into my tax return?

Additionally, are there any specific steps or documentation requirements I should be aware of when doing so?

[RobertB4444]

The TurboTax experts should be able to incorporate any depreciation adjustments necessary.  

No, specific steps.  You're going to need to upload all of your documents for the expert to review.

@Rogerarias1992