We can assist you with a full range of integrated consulting services for Real Estate investments. Whether you are a lender, a developer or equity investor, our services protect your interests and assist you to realizing the maximum benefit from your real estate investment or financing. Services provided include:
Construction Loan Monitoring
Construction Draw Inspections include a monthly site inspection to provide a review of the contractor's payment request and to evaluate the accuracy of the representations made at the contractor’s payment application. The inspection will also evaluate the accuracy and quality of the construction phase completion. The report will include exhibits and photographs documentation.
Property Condition Assessment (PCA)
A valuable tool for lenders and investors, before acquisition and/or disposition. The PCS consists in a visual and non-destructive assessment of the main components of the building the report includes a description of the existing physical components, and a detailed analysis of the current conditions in need of repair. The associated repair costs are tabulated in a five/ten-year projection of anticipated major capital costs. The report will also includes extensive documentation exhibits and color photographs.
Cost Segregation Study
A Cost Segregation Study that is based on a sound cost engineering analysis of your property combined with a focused tax analysis may allow you to accelerate depreciation from the normal 39 or 27.5 year schedule to as few as 15, 7 or even 5 years.
To accomplish this you need a thorough engineering analysis that meets all IRS standards based on real cost estimating knowledge and skills. Our team of engineers, cost estimators and accountants understand construction methods, materials and costs and how to properly segregate these into the correct categories in a manner that is consistent with IRS guidelines. We also keep abreast of the annual changes and variations in construction market values as well as changing tax regulations and court rulings.
According to the IRS, “. . . cost segregation studies should be performed by qualified individuals or firms such as those employing personnel competent in design, construction, auditing, and estimating procedures relating to building construction.” (PLR 9741002)
A properly prepared Cost Segregation Study can pay for itself many times over and all costs incurred can be recovered in your first tax submission following completion of the study. There is no need to file an amended return. You simply submit the study and the appropriate IRS documents along with your next tax return to claim the benefits.