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Level 1
posted Mar 19, 2025 9:20:31 AM

Cost segregation study for a rental property

Hello, 

I need assistance entering information from across segregation study I had completed for a rental property using TurboTax home and Business desktop

0 3 987
3 Replies
Employee Tax Expert
Mar 19, 2025 9:30:31 AM

Cost segregation, which TurboTax does not support, a method that requires retroactive changes to assets previously reported on filed tax returns. This is a complicated procedure that should be done with the advice of an experienced tax professional.

 

You may consider upgrading to TurboTax Live, an online service that provides step-by-step guidance from a tax expert whenever you need assistance, either over the phone or by screensharing.

Level 1
Mar 19, 2025 9:35:28 AM

Hi, thank you very much for the response. I have reached out twice TurboTax live however, I have not been able to get contact with a expert who is familiar with cost segregation is there a way for me to request and specific expert on TurboTax live?

Expert Alumni
Mar 19, 2025 9:39:52 AM

No. However we have tax professionals all around the country and there may be one near you. Use the link below to see if there is one near you.

@crgber