All Forum Posts by: Beth Julen

@Michael Plaks Thank you - that helps a ton.

@Michael Plaks

1) yes, the property was ready to rent and was advertised

2) - I don't know! I've heard about cost segregation on bigger pockets podcast and I'm basically going off that. Here's what I was told by CSSI after giving them some info on my home: 

We estimate we can accelerate the depreciation of your property in the first 3 years by $22,197 in the first year through a cost segregation study performed by our firm.

I am a homeowner in Portland, OR, but moved to Washington State in 2022. I began getting the home ready to rent out in the fall of 2022. I bought tons of furniture (the intent was a furnished home) and put up ads. I'd like to take advantage of the last year where we can take a 100% deduction using cost segregation. 

I already filed my 2022 taxes. Is there a way I can go back and amend the return to reflect this? I used TurboTax - bonus points if you know how to make this change there.