https://ttlc.intuit.com/community/taxes/discussion/re-cost-segregation/01/3399357#M1253299 <P>Hello&nbsp;&nbsp;<SPAN class="UserName lia-user-name lia-user-rank-Level-1 lia-component-message-view-widget-author-username"><A id="link_6" class="lia-link-navigation lia-page-link lia-user-name-link" href="https://ttlc.intuit.com/community/user/viewprofilepage/user-id/10659" target="_self" aria-label="View Profile of Rmichaelsonza"><SPAN class="">Rmichaelsonza,</SPAN></A></SPAN></P> <P>&nbsp;</P> <P><SPAN class="UserName lia-user-name lia-user-rank-Level-1 lia-component-message-view-widget-author-username"><SPAN class="">Yes, TurboTax does have capability to document/enter depreciation of these assets. But please note, you will have to enter each assets separately.&nbsp; You will not be able to import them. You might be able to group some of them together depending on the purchase date.&nbsp; &nbsp;</SPAN></SPAN></P> <P><SPAN>Thanks for participating in TurboTax's Ask the Expert event today. I hope this information was helpful!</SPAN></P> Wed, 30 Oct 2024 17:45:31 GMT dev145 2024-10-30T17:45:31Z https://ttlc.intuit.com/community/taxes/discussion/cost-segregation/01/3399213#M1253298 <P>Doing a cost segregation for my airbnb. Will result in depreciation losses which can offset my taxable income. Does Turbotax have this capability to document depreciation into my taxes?</P> Wed, 30 Oct 2024 17:04:21 GMT https://ttlc.intuit.com/community/taxes/discussion/cost-segregation/01/3399213#M1253298 Rmichaelsonza 2024-10-30T17:04:21Z https://ttlc.intuit.com/community/taxes/discussion/re-cost-segregation/01/3399357#M1253299 <P>Hello&nbsp;&nbsp;<SPAN class="UserName lia-user-name lia-user-rank-Level-1 lia-component-message-view-widget-author-username"><A id="link_6" class="lia-link-navigation lia-page-link lia-user-name-link" href="https://ttlc.intuit.com/community/user/viewprofilepage/user-id/10659" target="_self" aria-label="View Profile of Rmichaelsonza"><SPAN class="">Rmichaelsonza,</SPAN></A></SPAN></P> <P>&nbsp;</P> <P><SPAN class="UserName lia-user-name lia-user-rank-Level-1 lia-component-message-view-widget-author-username"><SPAN class="">Yes, TurboTax does have capability to document/enter depreciation of these assets. But please note, you will have to enter each assets separately.&nbsp; You will not be able to import them. You might be able to group some of them together depending on the purchase date.&nbsp; &nbsp;</SPAN></SPAN></P> <P><SPAN>Thanks for participating in TurboTax's Ask the Expert event today. I hope this information was helpful!</SPAN></P> Wed, 30 Oct 2024 17:45:31 GMT https://ttlc.intuit.com/community/taxes/discussion/re-cost-segregation/01/3399357#M1253299 dev145 2024-10-30T17:45:31Z