Home / Cost Segregation Report Reconciliation Workbench
A new study cannot safely assume that no depreciation was claimed. Ask the preparer to reconstruct the history and identify elections or prior method choices.
Preparation resource. Record completion does not determine eligibility, deductions or tax savings. Ask your qualified tax professional to resolve the facts and applicable rules.
A rental owner changes accountants after several years and cannot locate asset reports.
Specifically review the risk of claiming catch-up depreciation without reconciling prior deductions.
Collect prior returns; preparer workpapers; acquisition records; and asset export requests. Match each document to the relevant entity, property and reporting period. Then choose the decision below that matches the question you need to resolve.
Reconcile a proposed study total with the source cost file.
Check whether contractor packages and direct purchases count the same cost twice.
Compare report quantities with the supported inventory.
Trace every material entry to a property, building, unit or work area.
Identify whose report and tax schedule the evidence belongs to.
Check the timeline supplied to the report provider.
Connect the study entries to the asset history already maintained.
Track material report questions through dated corrections.
Reconcile removed, retained and new work across a project.
Identify what is documented and what is reconstructed in the report inputs.
Make the final report handoff and filing responsibility explicit.
Preserve the report history for a later replacement or property sale.
Use the following primary guidance to frame the questions. The worksheet organizes facts; it does not replace analysis of the relevant year, ownership, elections or state treatment. Record the applicable period, confirm the source version and retain the preparer's written conclusions with the supporting documents.
Published 2026-10-09. Prepared by Stratum Cost Segregation as an educational record-collection resource.