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Updated 10 months ago, 02/02/2024
How to Input Cost Segregation Studies into TurboTax
Hi fellow investors -
I recently conducted two cost segregation studies on my rental properties. I am self-filing my taxes through TurboTax (extension in Texas due to ice storm) yet I can't seem to locate where or how I would apply the cost segregation numbers to maximize the tax advantages. They keep referring me to Schedule C - is this correct?
Would value any insight into this topic.
Thank you so much!
Haley