Conducting a Cost Segregation Study is Quick and Simple

Step 1 – Request an Estimate:

Review of owner’s depreciation schedule and/or cost basis information to produce a FREE estimate of benefits which will illustrate your potential cash savings.

Step 2 – Evaluation:

Evaluation of the building owner’s current tax status and future business plans to determine the value/appropriateness of performing a cost segregation study.

Step 3 – Acceptance of Proposal:

Once a decision is made to move forward with a cost segregation study, you will receive a proposal and an invoice for 50 % of our fee. Once we receive payment and a signed proposal, a site visit is scheduled by our field engineers.

Step 4 – Engineer’s Site Visit:

Site visits are performed only by highly qualified and experienced engineers who identify building components and systems and how they are used.

Step 5 – Engineering Review and classification:

Following the site visit, the engineer will compile the research and documentation collected into a detailed, comprehensive report. A draft report is then submitted for a final review by our engineering and tax department.

Step 6 – Review and Acceptance of Cost Segregation Study:

After the draft report is reviewed by the client and/or their CPA, a printed and bound copy of the cost segregation study will be delivered, along with the final invoice. A spreadsheet for preparation of the 3115 is also available to the CPA.

Concord Cost Consulting takes every measure necessary to ensure that our cost segregation studies meet or exceed the strict guidelines set forth by the Internal Revenue Service. We will proudly defend our engineering analysis and work at no additional cost.