FAQs

Cost segregation allows you to accelerate depreciation on portions of your building and site by identifying them as personal property. By accelerating depreciation, you lessen your tax burden and put more money in your pocket. As an example, if you are in the 37% tax bracket, and your cost segregation study gives you an additional $100,000 in depreciation for your first year, that could be $37,000 in extra cash flow.

Your report will be generated automatically and readily downloadable after payment. We have a secure checkout process with PayPal as well as credit/debit card checkout for your convenience.

Wondering if a cost segregation study increases your IRS audit risk? The truth is, it doesn’t. We have a strong history of helping clients navigate audits when they occur.

When selecting this option, if you face an audit and there are questions concerning the cost segregation study procured from diycostseg.com, we will extend our audit support to you. Please note that we will need to be contacted within 5 business days from the first initial correspondence from the IRS in regard to ANY audit situation (regardless if they do not mention the cost segregation studies) otherwise your audit defense will be considered void. Reaching out to the IRS before informing us about the audit will also void the audit defense. Our audit support will encompass all requisite details affirming the initial numbers shared, incurring no additional fees except for the direct travel expenses to the property if needed. It is imperative you furnish detailed photos/videos of the property under any audit circumstances. Failure to provide photos/videos of the property will void the audit defense.

Yes, you can. Depending on when your building was placed into service, you may be eligible to only amend your previously filed tax return. If it has been more than one year of your tax returns having been filed, it is our understanding that you must file form 3115 for a section 481(a) adjustment otherwise known as change of accounting method. Any depreciation that should have been taken previously with a cost segregation study done from the time the building was placed into service can be recaptured by this method. If your tax advisor is not familiar with filing form 3115, we have accountants that we work with who can fill out this form for an additional fee.

It is our understanding that depending on tax law for the year your building was placed into service, you may qualify for bonus depreciation. If this is a new building purchased or constructed in 2018 and through the end of 2022, all accelerated values will qualify for bonus depreciation. We recommend you consult with your tax advisor to discuss bonus depreciation related to your situation.

It is our understanding that if you are paying U.S. federal taxes, then yes you can perform a cost segregation study on properties that are located overseas. Please speak to your CPA/tax professional before moving forward.

We would advise you to speak to your tax professional to determine the correct land value you should use for the study. It is our understanding that you may use the county’s assessed value and determine the percentage they used to determine the land value from their building amount and then apply that same percentage to your current purchase price. However, again please confirm with your CPA before moving forward.

Sure, reach out to us here! We are currently working on Video Walkthroughs so you can see a step-by-step process on how to fill out our forms!

We are offering audit defense as an optional add on, separate from the price of the cost segregation study. This offer is only available at the time of purchase and cannot be obtained later. If you opt not to purchase audit defense and face an audit, we may still be able to assist you, subject to our workload at that time but this will come at an increased cost, starting at $1995 and increasing based on the time required for your defense. If you choose to opt out of audit defense, you and your tax professional will need to defend the study results independently, unless you decide to hire us to assist based on the information provided above.