Cost Segregation Study Comparison: Select the Best Fit
Short-term vacation rental property owners can unlock significant tax savings with expert cost segregation services tailored to every property and budget.
Here’s how our two study options—the Express Analysis and Engineered Analysis—stack up:
EXPRESS ANALYSIS
The Express Analysis is an expedited report designed for property owners who are familiar with their property details and can provide detailed property questionnaires.
Ideal for smaller properties or investors seeking a quick, cost-effective solution, our Express Analysis reports deliver significant tax benefits without the need for a site visit. Perfect for clients who want accurate results in less time.
-Optimal for small Condominiums -Property & Renovation Limits: Maximum Property Value: $500k** Maximum Renovation Value: $50k*** -No Site Visit Required -Self-Directed Property Questionnaire: Completion of a detailed property questionnaire is required -Owner Responsibility: Property owner will categorize renovation costs and provide detailed scope of work for each item -Time Required: Approximately 45 minutes -Engineering Review: Modeling approach is supported by a detailed engineering review and is reviewed by a certified engineer -No Document Upload Needed: Streamlined process for efficiency -Study Delivery Timeline: Report delivered within 5 business days**** -Audit Protection Assistance: Included for added peace of mind*
ENGINEERED ANALYSIS
The comprehensive Engineered Analysis is our premium offering, featuring an advanced, full-scale engineering assessment and a detailed Cost Segregation Report.
This service is available for all property types and includes a higher level of personalized support. Maximize your tax savings through our meticulous asset classification process. Perfect for properties of any size or asset class.
-All Residential homes & condominiums -No Maximum Property or Renovation Value: Available for properties of any size or scope. -Site Visit: Virtual or In-Person -Comprehensive Analysis: Includes detailed quantity measurements and cost per unit for all building components -Engineered Study: Thorough engineering analysis with both actual and estimated cost assignments, ensuring precise calculations for every building component -Engineer Review: All studies are reviewed by a certified engineer for accuracy -Efficient Site Visit: 60-90 minutes for either an in-person or virtual site visit -Precision study dissecting every element for Maximized Tax Savings -Study Delivery Timeline: Final report delivered within 4 weeks*** -Audit Protection Assistance: Included for added peace of mind*
*Audit protection includes a written response to all inquiries related to our study. If needed, we will support the study with expert testimony during legal hearings, available upon arrangement. This warranty is provided at no additional cost to the client.
**Property value refers to the depreciable basis, which includes the purchase price plus the cost of improvements, minus the allocated land value.
***Renovation costs encompass all direct and indirect capital expenses submitted for review.
****The study delivery timeline begins once all requested information and documentation have been received.
*****Approved documentation methods include payment applications, invoices, and construction cost ledgers. Unapproved methods—such as bank statements, miscellaneous receipts, and handwritten letters or emails—will require categorization of the construction costs in an Excel file template provided by us.
The Importance of Professional Expertise
While the benefits of cost segregation are significant, it's crucial to ensure compliance with federal laws and tax codes. Misclassifying assets can result in penalties or disallowed deductions. That’s why partnering with a qualified professional like Emerald Coast Cost Seg is essential.
Our team of experienced engineers and tax experts strictly follows IRS guidelines to ensure each asset is accurately analyzed and reclassified. We provide audit-ready reports and offer full audit support at no additional cost, giving you confidence and peace of mind while maximizing your tax savings.
Our simple 4 step process saves you time & maximizes your savings
Step 1: Request Your Free Proposal
Simply provide your basic property details, and we’ll create a customized proposal outlining your estimated tax savings. If additional information is needed, we’ll reach out to you.
Step 2: Confirm Property Details
Transform your cost segregation study into real world tax savings. FAST.
Once you sign our engagement letter, we gather any necessary documentation. No appraisal? No problem. Our team can assess your property using the documents you already have.
Step 3: Select Express or Engineered Study
Our team of engineers conducts your IRS-compliant cost segregation study using your property details, focusing on maximizing your tax savings.
Step 4: Unlock Tax Savings
Our expert engineers assess your property details and generate a customized report. Once completed, we deliver a final PDF report along with the fixed asset schedule for you to share with your accountant.