Looking at various cost seg companies, anyone have experience with one they liked (or hated)? Also, not looking for feedback about the value/necessity/negatives/ or need of doing a study. Thanks in advance everyone.
@Salvatore D'Agostino Sounds like you've got a solid grasp of who does (and who doesn't) benefit from Cost Seg and are looking for info specifically about the Cost Seg process and results.
Although the majority of Michael's superb content on Cost Seg focuses on how to properly assess the value of Cost Seg, he also does highlight some items regarding the internal workings of a Cost Seg study. All the posts he references are recommended reading.
That’s kind of a subjective question, but I can share my experience. I’ve had the chance to work with a cost segregation company that took the time to explain how the process would specifically benefit our investors tax wise, which I really appreciated. Just a heads-up—bonus depreciation can be claimed up to 60% for 2024, and it will drop down to 40% in 2025, so that’s something to keep in mind as you evaluate your options.
I’m not endorsing any particular company, and I don’t receive referral fees for recommending the one I used. However, if you’d like to know more about my experience or if you’re interested in an introduction, feel free to DM me. I’d be happy to share the details and connect you with the cost segregation company we use for our multifamily property.
@Salvatore D'Agostino what does your real estate portfolio look like? What asset classes do you focus on? I’d be happy to chat with you on any specific questions
When choosing a cost segregation firm, it's crucial to hire a reputable company. A great resource is www.ascsp.org, where you can find certified firms.
Always check the bio and credentials of the person conducting your Cost Segregation study. Look for the Certified Cost Segregation Professional (CCSP) designation, which indicates certification by the American Society of Cost Segregation Professionals (ASCSP). This designation ensures you are working with a highly qualified professional. Just as you would trust a CPA for your taxes, you should trust a CCSP for your Cost Segregation study.
We’ve had the opportunity to work with several cost segregation firms over the years, and our experience has stood out in terms of professionalism, accuracy, and customer service.
If you're interested, we’d be happy to provide more detailed feedback. Feel free to reach out!
For results, RE cost seg (our partner for full transparency) built a calculator that allows folks to see conservative and then more aggressive estimates. I can send the link to anyone who is interested.
When choosing a cost segregation firm, it's crucial to hire a reputable company. A great resource is www.ascsp.org, where you can find certified firms.
Always check the bio and credentials of the person conducting your Cost Segregation study. Look for the Certified Cost Segregation Professional (CCSP) designation, which indicates certification by the American Society of Cost Segregation Professionals (ASCSP). This designation ensures you are working with a highly qualified professional. Just as you would trust a CPA for your taxes, you should trust a CCSP for your Cost Segregation study.
For results, RE cost seg (our partner for full transparency) built a calculator that allows folks to see conservative and then more aggressive estimates. I can send the link to anyone who is interested.
Looking at various cost seg companies, anyone have experience with one they liked (or hated)? Also, not looking for feedback about the value/necessity/negatives/ or need of doing a study. Thanks in advance everyone.
Thanks to everyone who provided feedback. Greatly appreciated.
For results, RE cost seg (our partner for full transparency) built a calculator that allows folks to see conservative and then more aggressive estimates. I can send the link to anyone who is interested.
In my view, there really is no single “best” cost segregation company, because best is highly subjective. What matters most depends on your priorities—service expectations, pricing, depth of experience, turnaround time, and communication style.
A better approach is to gather referrals from investors who have actually used different cost segregation firms, then interview a few of those companies directly. Ask about their process, engineering methodology, timelines, and pricing structure. From there, choose the firm that best aligns with your expectations for value, experience, and speed of service rather than trying to crown one universal “best.”
In real estate, there’s rarely a universal “best”, it really comes down to underwriting comfort, documentation standards, turnaround time, and how well the firm understands asset reclassification within your overall depreciation strategy. When I was looking, I spoke with four different firms and paid close attention to how they explained their engineering process and audit support.
Speaking of, I am feeling most comfortable with Cost Segregation Guys after those conversations, but it was more about clarity and alignment with my portfolio than chasing a name. In this space, fit and technical depth matter more than labels.