Furnished rental acquisitionListing photographs can include objects the seller retains. Match the final inventory to the items actually transferred and flag furnishings already recorded separately.
Gifted rental propertyThe current market value is not automatically the recipient's depreciation basis. The preparer needs the transfer details before the provider reconciles a study cost pool.
Inherited rental propertyInherited property can require a different basis starting point from a purchase. Identify the actual estate facts and separate later spending from inherited assets.
Divorce property transferA divorce-related transfer is not automatically a new purchase for depreciation purposes. Explain what transferred and give the preparer the full history.
Related-party purchaseRelated-party rules can affect bonus eligibility and other treatment. The study should document physical components without promising that every acquired asset receives bonus depreciation.
Personal residence converted to rentalConversion can require comparison of adjusted basis and fair market value. Original purchase cost alone is not necessarily the depreciation starting point.
Partial home rentalA component can serve both rental and personal areas. Explain the chosen allocation and have the preparer evaluate its tax treatment rather than studying the whole residence as fully rented.
STR with owner staysPersonal use can affect expense allocations and limitations. A booking platform's description does not settle the tax character of every day.
LTR converted to STRThe rental strategy change does not erase the existing asset history. Record new furnishings separately and ask the preparer whether any change in use affects the existing schedule.
STR converted to LTRExisting depreciation records still matter after a booking strategy changes. Document what stays, what is sold, and what the tenant owns.
ADU added to a rentalAn accessory unit may share services with an existing rental. Reconcile new construction and allocated shared costs without counting the same system in both buildings.
Duplex with one owner-occupied unitA two-unit property can combine personal and rental use. The provider needs a supported allocation for roof, structure, and other systems serving both units.
Condo with special assessmentsA payment to an association does not by itself establish an independently owned component. The preparer needs the governing documents and the nature of the expenditure.
Phased renovationA single final invoice can hide different installation and service dates. Keep each phase's evidence so the preparer can determine when depreciation begins.
Renovation with no invoicesMissing invoices do not justify inventing exact costs. Identify what alternative evidence supports an estimate and what remains unresolved.
Previous cost segregation studyA second study should explain what new work it performs. Reclassification already implemented should not be duplicated, and disagreements require a documented technical review.
Multiple properties in one closingOne purchase price and one loan do not eliminate property-level accounting. Keep each address and ownership interest separately traceable.