I am in the same situation as sapotg.  My question is do I need to report my amortized expenses yearly somewhere in Turbo Tax for a Raw land Investment  I will sell years down the road?

If you elect to capitalize carrying charges, these carrying charges are added to the cost basis of your property. They are not amortized or depreciated.

You do not add them as an asset to be depreciated in TurboTax.

Please see this document for more information:

https://www.law.cornell.edu/cfr/text/26/1.266-1

I am in the same situation as sapotg.  My question is do I need to report my amortized expenses yearly somewhere in Turbo Tax for a Raw land Investment  I will sell years down the road?