Cost Segregation Studies Have Saved Commercial Property Owners Millions
It's Your Money. Keep More of it.
What Is A Cost Segregation Study?
A cost segregation study is a set of calculations created by an independent firm with extensive tax and construction knowledge. At CSSI®, we create an engineering-based cost segregation study by analyzing your building and its assets within U.S. tax code guidelines. When an engineering-based study is performed, actual cost records and construction documents are reviewed, when available, and a site visit is completed. Our methodical approach identifies your commercial property’s individual components, which are included in your detailed cost segregation study.
How Does A Cost Segregation Study Work?
Most buildings are depreciated over 27.5- or 39-years. A cost segregation study re-categorizes a portion of your building into 5-, 7- or 15-year class lives. When the usable lives of these items are accelerated, your income is reduced, thus, reducing your income taxes.
Within the first five years of building ownership, you could save up to $100,000 for every $1 million in building costs. Cost segregation has been recommended by the AICPA and many leading financial publications, including the Journal of Accountancy.
Our preliminary analysis is always available at no cost.
Increase Cash Flow
Spend Less on Taxes
Stay Compliant
Don't Throw Money Away
About Jimmy Campbell
Jimmy Campbell currently represents Cost Segregation Services Incorporated (“CSSI”) as a National Account Representative and works with a variety of real estate owners and tax professionals by providing cost segregation and asset valuation services. Jimmy has been a partner with the Trahan Team of CSSI since 2016, and he offices out of Shreveport, LA.
Since 2012, their team has helped his clients defer/save over an estimated $60,000,000 in income taxes on properties exceeding over $1.5 billion in estimated value. Property types have included office buildings, distribution warehouses, restaurants, shopping centers, apartments, retail showrooms, medical/dental clinics, and self-storage facilities. Property values have ranged from $400,000 to over $200,000,000.
Jimmy has worked on a wide variety of the properties listed above. Additionally, as a result of his previous work experience and family businesses, he has developed significant expertise in applying cost segregation to automobile dealerships throughout the U.S.
He has spoken to numerous professionals on cost segregation, the 2014 Tangible Property Regulations (“Repair Regs”), and the impact of The Tax Cuts and Jobs Act on commercial real estate investments. His audiences have included various CPA firms, commercial lenders, and real estate brokerage firms throughout Louisiana and Texas.
Jimmy is a 2001 graduate of the United States Military Academy at West Point, and he earned his MBA from Louisiana State University in 2009. Jimmy and his wife, Megan, have two daughters, Charlotte and Ryan, and one son, Witt. They are also parents to two beloved dogs – Rocky and Sarge. In addition to spending time with his family, Jimmy enjoys playing guitar, hunting, fishing, and skiing. He is an avid golfer, and he enjoys participating in most recreational sports.
Cost Segregation Analysis
Fill out the form below with your property’s information, and you will be on your way to maximum tax savings. With the property information requested below, we will respond to you within two business days with a complete analysis of your potential tax savings. Your property and your tax savings are important to us.