Find Out How Cost Segregation Can Lower Your Taxes.
Let us effectively reduce your taxable income by accelerating your depreciation.
$1+ Billion
In Property Basis Analyzed
50+ Years
Of Combined Property Analysis Expierence
5+ Million
Square Feet of Property Analyzed
Trusted By Investors For Decades
At Principal Cost Segregation Associates, we specialize in maximizing your real estate investment returns through strategic cost segregation studies. Our expert team, equipped with a background in public accounting and property analysis experience, delivers comprehensive cost segregation services designed to accelerate depreciation deductions, reduce tax liabilities, and increase cash flow for property owners and real estate investors.
Types of Properties We Service
- Short Term Rentals
- Long Term Rentals
- Apartment Complexes
- Warehouses
- Manufacturing
- Retail
- Office
- Gas Stations
- Hotels
- And more!
Our Evidence-Based Approach
Our firm has meticulously gone through relevant tax court verdicts, private letter rulings, revenue rulings, senate reports, and sections of the internal revenue code so that everything in our report is backed by evidence. Our evidence-based approach makes sure if the IRS comes knocking you are well positioned and will not be caught off guard. We document all of our findings and then source it back to solid and established evidence that is referenced through out the cost segregation study.
Andrew Griffith
Founder and property analysis veteran of more than 30+ years.
Why Choose Principal Cost Segregation Associates?
• Expertise: Our team’s unique background blending public accounting and construction analysis expierence, positions us uniquely to deliver high-quality, accurate studies.
• Maximized Savings: We go beyond surface-level analysis to uncover hidden tax savings, ensuring you don’t leave money on the table.
• Client First Approach: Your financial success is our priority. We work closely with you or your tax professional to ensure no stone is left undone.
• Peace of Mind: Knowing your cost segregation study is handled by experts gives you the confidence to focus on what you do best—growing your real estate portfolio.
What is Cost Segregation?
Cost segregation is a tax savings strategy that allows property owners to reclassify real estate components and improvements, leading to accelerated depreciation deductions. This process identifies and separates personal property assets from real property assets, enabling taxpayers to depreciate elements of a building more rapidly than the standard 39-year (commercial) or 27.5-year (residential) period.
How much is a typical Cost Segregation Study?
The cost of a study depends on factors such as property size and complexity. We offer personalized quotes after an initial consultation to understand your specific requirements.
Will a cost segregation study trigger an audit from the IRS?
While no strategy can guarantee immunity from audits, cost segregation studies are a widely accepted and IRS-approved practice. Our meticulous methodologic approach minimizes potential audit risks.
How much time does the cost segregation process typically take?
The timeline varies depending on the size and complexity of the property. Generally, the process takes us ten days, with our team working efficiently to minimize disruption to your business operations.
Can I benefit from cost segregation if my property has been owned for several years?
Yes, cost segregation studies can be applied retroactively. Even if you have owned the property for several years, you can still capture previously unrecognized depreciation benefits through a study.
How can I get started with a cost segregation study for my property?
Simply reach out to our team for a consultation. We’ll discuss your specific situation, explain the process, and provide a customized plan to maximize your tax savings through cost segregation.
I was referred to Griffith by someone on the Bigger Pockets forums and had a great experience.
Jim S.
They do an excellent job, very responsive and trustworthy. We have used Griffith two times.
Julia G.
These guys are ridiculously thorough and did an amazing job.
Shelton P.
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