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Commonly Asked Questions

A cost segregation study is a set of calculations created by an independent firm with extensive tax and construction knowledge. At CSSI®, we create an engineering-based cost segregation study by analyzing your building and its assets within U.S. tax code guidelines. When an engineering-based study is performed, actual cost records and construction documents are reviewed, when available, and a site visit is completed.

A quality cost segregation study should include the 13 points outlined within U.S. tax code. Our methodical approach identifies individual components of your commercial property, which are included in your detailed cost segregation study.

Cost segregation has traditionally been a specialized tax strategy used by large accounting firms for their major clients. It’s now more widely available, allowing more property owners to benefit from significant tax savings.
If your property has a significant cost basis (generally $200,000 or more), and you plan to hold it for at least three years, it likely qualifies for a cost segregation study.
Property owners can achieve considerable tax savings through accelerated depreciation, which enhances cash flow by reducing tax liabilities.
The best time is the year the property is placed in service. However, retrospective studies can be done at any time to capture depreciation that was not previously claimed, without amending past tax returns.
Typical requirements include the current tax depreciation schedule, detailed cost information of the building, and access to the property for a thorough site inspection.
The study involves a detailed engineering analysis that categorizes building costs into tangible personal property, land improvements, and real property, each with its own depreciation schedule under current tax laws.

With Alpine West Group, you’re working with an independent firm with extensive tax and construction knowledge.  We create an engineering-based cost segregation study by analyzing your building and its assets within U.S. tax code guidelines. When an engineering-based study is performed, actual cost records and construction documents are reviewed, when available, and a site visit is completed.  We provide a quality cost segregation study that includes the 13 points outlined within U.S. tax code. Our methodical approach identifies individual components of your commercial property, which are included in your detailed cost segregation study.

The process typically takes about six weeks from the receipt of all necessary documentation to the final report.
Alpine West Group supports all its cost segregation studies with comprehensive documentation and will assist in defending the study if it is ever challenged during an audit.
While the final study must wait until construction is completed, Alpine West Group can provide preliminary estimates based on projected budgets to forecast potential savings.
Alpine West Group leverages extensive expertise in real estate, construction, and tax law to deliver precise and compliant cost segregation studies, ensuring maximum tax benefits for clients.

Allows you to determine unlocked benefits not seen at surface level. 

Who can benefit from our engineered cost segregation studies?

Our meticulous studies are particularly beneficial for self-storage facility and commercial property owners, enabling them to accelerate the depreciation of specific elements like security systems and outdoor lighting. Commercial building owners find value in segregating costs associated with tenant improvements and fixtures, which can lead to considerable tax relief. Additionally, landlords of both short-term vacation rentals and long-term residential properties can depreciate appliances, interior finishes, and other personal property faster, enhancing their investment returns.

Each cost segregation study is conducted with an unwavering commitment to detail and compliance, ensuring every possible tax advantage is realized while maintaining adherence to IRS guidelines. This thorough process not only maximizes benefits but also protects against potential compliance issues, securing your investment’s profitability for years to come.

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