Prepare Your STR Cost Segregation Study
Build a tailored cost segregation document checklist for furnished rentals, condos, renovations, personal use, managers, and property portfolios.
Build a document checklist for your property. The choices below organize a study discussion; they do not determine tax eligibility or estimate a deduction. No address, income, or account information is requested.
6 starting records to gather.
Your study preparation checklist
- Closing statement and executed purchase agreement
- Supported land and building basis information for preparer review
- Property identity and actual ownership interest
- Timeline of acquisition and availability for rental use
- Current photographs or available plans
- Questions about study scope, fee, deliverables, and CPA coordination
View all scenario-specific records
Furnished purchase
- Executed seller inventory and bill of sale
- Closing credits and excluded items
- Post-closing furniture receipts and replacement log
Condo or shared property
- Deed and condominium declaration
- Association assessment notices and project descriptions
- Owner-versus-association asset inventory
Renovations
- Final contractor scope and approved change orders
- Payment reconciliation including deposits and credits
- Improvement completion dates and replaced-asset records
Personal or mixed use
- Floor plan of guest-only, owner-only, and shared space
- Rental and personal-use calendar
- Conversion history and basis questions for the preparer
Manager records
- Vendor invoices underlying capital charges
- Management agreement and asset-ownership explanation
- Manager inventory and rental-availability timeline
Multiple properties
- Entity-to-property identifier map
- Separate basis and acquisition file for each property
- Bulk purchase allocations and furniture-transfer register
Previously depreciated property
- Latest depreciation and fixed-asset schedules
- Prior study, if any, and implementation records
- List of assets retained, removed, replaced, or transferred
Download blank working templates
- Furnished-property inventory (CSV)
- Improvement and date reconciliation (CSV)
- Portfolio record index (CSV)
These are organizing worksheets, not completed valuations or tax schedules. Fill them privately and use your adviser’s secure document-transfer process.
Read the preparation guides
Choose a guide for your property situation or find local service-area resources.