• Home
  • Projects
  • Services
  • About
  • Contact
Contact Fred W Clapp for more information fred@bamprojects.com / 703.298.0705

Projects Engineering-based Cost Segregation Examples

Video can’t be displayed

This video is not available.

The decision

As the year ends, how much money are you having to give Uncle Sam? We're in the business of providing solutions that send him less and allow you to keep more.
After all, it's YOUR MONEY!!
Our services are extremly taxpayer friendly and help you and your tax advisor discover savings within the tax code that are often overlooked.
Fred's role with your decision is best represented by the engineering-based cost segregation studies he has managed: Building Owners and Triple Net Tenants / Lessees - Made them aware of the potential savings, connected with their tax advisor, moved the study forward, and delivered tax savings. Tax Advisors - Provided no-cost estimates for their clients and followed advisors' directions to move the study forward. Most of Fred's building owner and tenant clients were unaware of cost segregtion until he explained the advantages. Even a high percentage of their tax advisors presumed their clients would not receive any substantial benefits. As a result of working with Fred, examples of how his clients, and now tax partners benefited, are represented below:

Sample Client Results

Office Buildings

This two tenant 2,700 SF building was eligible for over $25,000 of additional depreciation expense and CSSI© found it for the landlord .
Self Storage
Contrary to assumptions, they can benefit from accelerated depreciation. Our engineering-based cost segregation study found almost $1.3 million of additional depreciation savings for the owners of this 540 unit facility.

Apartment / multi-family / rental

Rental properties drive a lot of tax benefits due to the number of units and types of assets inside them. Here's a fourteen unit building that qualified for $325,000 in additonal depreciation expenses. Single family rental homes are also excellent candidates.
Restaurants
The proprietor of this establishment received $280,000 of tax savings as a result of our engineering-based study. Even if you lease restaurant space, or operate a fast-food franchise, CSSI© can find more tax savings.
Hotels / Hospitality
The varity of room types and finishings typically found in a hotel result in a high percentage of building assets eligible for accelerated depreciation. This 210 room property generated over $4.2 millon of additional depreciation expense when CSSI© performed an engineering-based cost segregation study for the owners. .

Historic Renov/Rehab

Popular investments, this 2,000 SF home was converted into a first floor retail space with office and an apartment on the second floor. CSSI© delivered $178,000 of additional tax savings to the owners above the local historic tax credits they received.
Rentals / Air BnB
Rental and the Air BnB property investments are key candidates for cost segregation. Fred's client who owns this beach rental received over $720,000 of tax benefits when they hired CSSI© to perform an engineering-based cost segregation study.

Medical / Dental / Professional

Fred's client hired CSSI© to find tax savings for their first space (pictured on the right) and we delivered $110,000. Two years later they expanded into the unit on the left and we found another $310,000 in tax savings for them.
MORE

Any for profit commercial building

Fred has managed cost segregation studies across the country ranging in building values from $75,000 to over $120 million. His typcial clients have commercial buildings with a basis between $450k and $2 million and include:
  • Warehouses
  • Car Dealers
  • Strip Malls
  • Manufacturing
  • Day Care Centers
  • Apartments
  • NNN Retail Spaces / Restaurants
  • Flex / Industrial Buildings
  • Office Buildings
  • Cold & Self Storage
  • Medical / Dental Offices
  • Rental Homes / Air BnB
Let him run a no-cost analysis of your building to learn how an engineering-based cost segregation study might be a fit with your tax reduction strategies.
Cost Segregation Services, Inc. - CSSI©
10211 Siegen Lane, Building One Baton Rouge, LA 70810 More info visit:
CSSI©  LINK

Follow
Copyright © 2022 Bridges Asset Management. All Rights Reserved.

We use cookies to enable essential functionality on our website, and analyze website traffic. By clicking Accept you consent to our use of cookies. Read about how we use cookies.

Your Cookie Settings

We use cookies to enable essential functionality on our website, and analyze website traffic. Read about how we use cookies.

Cookie Categories

Essential

These cookies are strictly necessary to provide you with services available through our websites. You cannot refuse these cookies without impacting how our websites function. You can block or delete them by changing your browser settings, as described under the heading "Managing cookies" in the Privacy and Cookies Policy.

Analytics

These cookies collect information that is used in aggregate form to help us understand how our websites are being used or how effective our marketing campaigns are.