Hello, thanks for your help in advance. I need to change the accounting method for 4 properties acquired in 2019 in order to be able to deduct the separate items in a cost segregation study that I had done for those 4 properties.
My question is: Will I be able to deduct the items in the cost segregation study (site improvements (15 year), and Equipment/Furnishings (5 year)) in their ENTIRETY (i.g. as a Special Depreciation Allowance) for my 2021 taxes?
if so, Does turbotax desktop premium allow this do be done in the application?
thanks again
