Str cost seg amended return

[Nathan M kiefer]

We did a cost seg amended return for a sizeable refund on our two strs in Myrtle beach. Wondering what others have experienced once the amended return is filed with IRS as far as a timeline on when I will receive my return?

I know boiler plate response is 12-16 weeks but really want to know what people are ACTUALLY experiencing.

Thanks all 

[Nathan M kiefer]

Quote from @Michael Baum:

That is an excellent question. I have seen folks get them done, but none have ever said how long it took.

I am curious how sizeable is sizeable. My biggest concern with cost seg studies that produce a large rebate is does that flag for audit.

You don't need to say how much but did you get any info on IRS flags for something like this?

 Hey @Michael Baum, we had previously depreciated some stuff but ended up with a return of about $25k. I have $900 each into the cost segs themselves and probably another $2500 to cpa- still waiting on that bill as the 3115 takes 20 hours for a cpa to fill out. 

I would think I'm small potatoes for them and the form 3115 is so ridiculously thorough that i think it all but negates audit but we shall see :).

I will report back when/if i get it and what the timeline was/is, I was holding out hope that someone had some information on this but its been crickets. Almost posted elsewhere but this is specific to STR so seemed appropriate.

Thank you for your response.