Having had bottom-line responsibility for millions of dollars of commercial real estate, I realize the importance of having the capability of enhancing a building’s bottom-line position during the early years of ownership when income projections are being challenged to live up to the promises of sellers, buyers, brokers, etc.  I have sat in that “hot seat” at board meetings and acquisition meetings, selling the promise of a property’s future bottom line for acquisition purposes.  

I have been that president, property manager, acquisition specialist, broker, limited partner, etc., and I must say to every real estate owner and professional who is placing a building into service this year, Cost Segregation is an absolute must if one wishes to hedge one’s promise of early optimal bottom line performance.  Even if those promises were made years ago, today you have the opportunity of reaching back as an owner through the implementation of a Cost Segregation Study.  For owners who have owned or purchased buildings since 1986, a life-to-date recovery of all omitted depreciation is available this year. 

We often hear the catch phrase “if it is too good to be true, well...,” but in this scenario, it is true.  However, how long will the window of opportunity remain open?  The use of cost segregation was initiated in 1962 and remained in use until 1986 when the tax act of 1986 basically reduced cost segregation to a memory.  Ten years later in 1996 that window was re-opened by the IRS, and Cost Segregation Study once again became a powerful tax savings tool.  The IRS has continually improved the benefits of cost segregation over the past four years to the point where it is basically impossible for a building owner to refuse the program.  We believe the window could eventually close again, and as a cost segregation consultant, I strongly suggest the implementation of a Cost Segregation Study today. 

Jim is an alumnus of Georgia State University, received his CPM designation in 1980, and is a Georgia licensed commercial real estate broker.

Additionally, we are partnered with quality cost segregation engineering firms who have jointly completed over 4,000 unchallenged and successful cost segregation studies. They have withstood the test of time and have met the Internal Revenue Service's guidelines and requirements for a quality, engineer-based study.

OUR OBJECTIVE

Our objective is to facilitate maximum tax savings which improves our client's cash flow.

Our focus is clear.  CSS, LLC will be the best, most comprehensive provider of engineered cost segregation studies in America.