I’m about to do my first cost segregation study and I’m stuck on the dumb part, picking the firm. If you’ve used any of these, who would you trust for a normal deal, R. E. Cost Seg, KBKG, Engineered Tax Services, or CSSI?
Context, this is a straightforward investment property, not a primary. I’m not trying to chase the biggest first year write off, I’m trying to avoid buying a report that my CPA side eyes or that turns into a mess if it ever gets questioned.
The quotes I’ve gotten are all over the place. Different fees, different timelines, and the projected reclass percentages vary way more than I expected, which makes me wonder how much of this industry is methodology and how much is sales.
For people who’ve done it, what actually mattered after the fact
Did your CPA care about engineered vs non engineered, or just the quality of the asset list
Virtual walkthrough vs in person site visit, did it change anything
What did audit support look like in reality, did anyone actually need it
Were there any red flags in the process that you wish you recognized earlier, like aggressive land allocation, vague summaries, no real fixed asset schedule, etc
I’m fine paying for quality, I just don’t want to pay for a pretty PDF and false confidence.
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source https://www.reddit.com/r/RealEstate/comments/1q6dslz/cost_segregation_on_a_smaller_rental_how_do_you/
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