All Forum Posts by: Jordan Kapper

Worth noting that most firms will do two types of studies (although they may be named differently) - detailed engineering and modeling.

Detailed studies break down every component for maximum depreciation ($3,000–$10,000). Modeling uses templates to estimate allocations although some firms still dig very deep on these types of studies, costing $1,000–$1,250.

DIY tools are cheaper but often miss deductions and lack audit-ready documentation. For a $490K property, maybe consider a company that does modeling studies?