Gunnar DeSantis
Engineer
Study author and signer. Site inspection, takeoffs, and the engineering basis behind every reclassification.
Greenville, South Carolina
Defensible depreciation
Engineering-based cost segregation studies for owners and developers in the Upstate. We reclassify the parts of a building that depreciate faster than the building does, and we document every one of them.
01 — Premise
What cost segregation is
The IRS depreciates a commercial building over 39 years. A building is many things at once. Carpet, cabinetry, dedicated power, signage, paving, landscaping and site drainage are shorter-lived assets that were bought at the same time.
A cost segregation study separates those components out of the 39-year bucket and into 5-, 7- and 15-year lives, moving deductions forward into the years you actually need them. Our studies are engineering-based: line-item takeoffs, cost sourcing, photographs and a written asset-by-asset basis for every reclassification.
Your hands Our hands Shared — 02 and 06
02 — Scope
Property types we study
Multifamily
Typical reclass 24%
Industrial / warehouse
Typical reclass 16%
Retail / restaurant
Typical reclass 26%
Office
Typical reclass 20%
Medical / dental
Typical reclass 30%
Hospitality
Typical reclass 28%
Self-storage
Typical reclass 34%
Auto / service
Typical reclass 25%
Ranges reflect studies of comparable Upstate properties. Your result depends on construction detail, site work and acquisition basis.
03 — People
Engineers, not a calculator
Every study is walked, measured and signed by the engineer who prepared it. If a return is examined, the same person defends the file.
Wyatt Boyd
Tax director
CPA coordination, Form 3115 catch-up work, and the tax position behind each reclassification.