Phone Consultation
Learn how the components of your specific property have been defined by tax codes to benefit you.
Cost Segregation Study
Report on your property is prepared by an engineer, so that the proper categories are used for tax savings.
Tax Documentaion submitted
The proper tax documentation is submitted to the IRS and a check is issued to you or money applied to your returns.
You kick off the process with a phone call. We’ll discuss the cost segregation process and basic property information.
Before you spend any money, we run a high-level, preliminary estimate. We look at the economics to verify the tax savings will heavily outweigh the cost of the study. This initial projection is cost to you.
Once you agree to the numbers, we sign a service agreement. Any documentation you have that can help us define the property helps, such as closing statements, purchase agreements, appraisals, repair and upgrade info.
We assign an engineer to conduct an on-site visit to the property. They measure, photograph, and catalog every structural and personal property component, such as specialty lighting, flooring, cabinetry, and HVAC units
Using IRS-approved engineering methodologies and pricing guides, the engineering team evaluates all the data. They separate the building’s assets into shorter life-span categories (5, 7, or 15-year property) rather than the standard 27.5 or 39 years. They then assemble this into a comprehensive, IRS-compliant report.
You receive the final report. We use this study and data to adjust your tax schedules and prepare your retroactive tax documentation.
We file the return with the IRS. Cost Segregation typically generates massive first-year deductions (especially utilizing bonus depreciation), your taxable income drops significantly. Once the IRS processes your return, you receive your refund check.