Accuracy and Documentation depend on the methodology used to do the study. The "Detailed Engineering" methodology exceeds the Audit Technique Guides issued by the IRS.
If you don't know to ask for a specific methodology, chances are great that you'll get a study that causes issues for the IRS. Look for extensive "tic and tie" audit trails to supporting cost source documents.
Your CPA does a great job with FF&E deductions; however you need expert: engineering support to deduct the extra 15-30% of items that are not commonly seen. In fact, the many of them are inside your walls.
You should check for the inclusion of deductions for Mechanical, Electrical and Plumbing sub systems that require a site visit by a certifying engineer.
A thorough report includes full unit breakdown of all the property cost components into their respective depreciation classes, including the 39 year life.
This permits you to retire high cost assets in the case of demolition or removal at any time during the life of the property. You also eliminate carrying duplicated assets and the risk of overvaluing.
or if you just need more information, receive your FREE report "The Cost Segregation Buyers Guide" which shows you how to tell if you are getting the study you deserve, Complete this form