Seneca Cost Segregation?

Question

Has anyone had experience with Seneca Cost Segregation? They seem to be a relatively new company with limited reviews.

Diana Khan · Answer

@Danielle A Ighemat, I haven't worked with Seneca personally, so I can't speak to their service. But I think you're asking the right question, especially when there aren't many reviews available. Along with the points Sagiv mentioned, I'd want to know exactly what's included in the agreement, whether there are additional fees, and what kind of support they'll provide if questions come up after the study is completed.

I'm a real estate attorney and investor based in Maryland, and I work with clients on contracts, business matters, and property transactions. One thing I've learned from reviewing agreements is that it's important to understand what you're paying for and what the company is responsible for delivering. Even when a service provider comes highly recommended, I still think the written terms deserve a careful review.

I appreciate you bringing this up, @Danielle A Ighemat. Choosing the right professionals is an important part of managing real estate investments. This connects with the contract and business work I do, and I'd be happy to stay connected!

Sagiv O. · Answer

No experience with Seneca specifically, but when the reviews are thin, vet the report quality instead of the marketing. A few things that actually matter:

1. Who performs the study — you want an engineering-based study, not a software checklist. A report that holds up follows the IRS Cost Segregation Audit Techniques Guide: component-level detail, photos, and the tax citations backing each reclassification.

2. Ask for a sample redacted report. Five minutes reading one tells you more than any sales call.

3. Who stands behind it — is audit support included, or do they hand you a PDF and disappear?

4. Site visit vs. desktop-only. For properties with quirks (ADUs, furnished, improvements made after purchase), the study that walks the property is the one that finds everything.

New isn't automatically bad. But loop your CPA in before you sign, not after — they're the ones who have to defend it on your return.

Aaron Zimmerman · Answer

Great points. I’d add the site visit is incredibly helpful too as they may be able to find additional items compared to a software study.

Seneca Cost Segregation?

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