Isn’t it about time someone followed an “advocacy model”…
…rather than a “sales model”?
Building Profits is the only known cost segregation consulting firm that actually advocates for YOUR best interest when reviewing your cost segregation needs. As an autonomous agent, we counsel on behalf of commercial property owners, working to ensure you get the right cost segregation study for your needs – at the best price.
Almost all cost segregation firms now provide an initial complimentary analysis to determine the amount of accelerated depreciation a study should provide for your property, so the real questions that need to be asked and answered are:
- Are you sure that within your specific tax and ownership situation you will actually benefit from a cost segregation study as anticipated?
- How do you know what to look for in a cost segregation provider?
- How do you know if the fee you are paying is justified and appropriate?
- Are you comparing apples-to-apples when reviewing different cost segregation service providers (we’ve learned that not all firms are created equal)?
How is Building Profits different?
- We educate first – there is more to cost segregation than meets the eye. Remember, this is the federal government we’re talking about here.
- We work with you and your accountant to determine whether there would even be a benefit to completing a cost segregation study for your specific situation, and whether that benefit outweighs the cost of completing a study – both in the short-term and the long-term.
- We “go to market” on your behalf. We have spent a lot of time getting to know which cost segregation providers have stellar reputations and which are best to stay clear of.
- We have no allegiance to any one provider. We have relationships with several firms and are always looking for additional reputable firms; which, by the way, helps maintain a beneficial level of competitiveness, keeping providers “on their toes”.
- There are no additional or hidden fees for our services. Building Profits is paid a commission by the cost segregation firm that provides the study, but ONLY after services and fees have been negotiated on your behalf. It’s the same model as a real estate broker or travel agent. Cost segregation has become as competitive as any other service, which is why providers are willing to pay a commission for business. This model, therefore, benefits the cost segregation provider as well as the property owner, as the service provider is able to cut down on their sales and marketing costs, paying a one-time commission only for actual work completed.
- Bottom line: We do the leg work for you – completing competitor reviews, asking the important questions, and ensuring you get the best analysis at a fair price.
Want to know more? Click on this link to learn more About Us or this link to learn more about Cost Segregation?
“The benefits of cost segregation overwhelmingly outweigh the drawbacks.” – Journal of Accountancy, ©2005 by the AICPA
“The legal right of a taxpayer to decrease the amount of what otherwise would be his taxes, or altogether avoid them, by means which the law permits, cannot be doubted.” – Justice George Sutherland, U.S. Supreme Court, legal opinion from Gregory v. Helvering
“The hardest thing in the world to understand is the income tax.” – Albert Einstein
