Louisville Geotech
Historic commercial building — subject of a cost segregation study

Engineering Services

Cost Segregation Studies for Portfolio Owners and Commercial Properties

Engineer-prepared studies with a site visit, from a licensed Kentucky and Indiana PE. Reclassify building components to accelerate depreciation and improve early-year cash flow.

(502) 225-1558

Fixed fee quoted up front. No percentage-of-savings fees.

Why Cost Segregation

Accelerate Depreciation

Reclassify building components from 27.5-year or 39-year property into 5-, 7-, and 15-year property. You take larger deductions in the early years of ownership instead of spreading them evenly over decades.

Improve Cash Flow

Larger deductions in the early years reduce taxable income and defer federal income tax, which keeps more cash available for your next acquisition or renovation. Your CPA confirms how this applies to your tax situation.

Works for Purchases, New Construction, and Renovations

Cost segregation applies to properties you are buying, building, or renovating. Look-back studies are also available for properties you already own, with no need to amend prior returns.

Federal bonus depreciation rules are currently favorable for accelerating deductions. Your CPA can confirm how they apply to your specific properties and tax situation.

What Your Report Includes

  1. Site inspection and photo documentation of all building components
  2. Asset-by-asset component breakdown with descriptions and measurements
  3. Engineering-based cost estimates for each reclassified component
  4. Reconciliation to your actual project cost or purchase price allocation
  5. Asset classification schedules your CPA can use directly
  6. Methodology section written to hold up under IRS review
Sample cost segregation study report showing asset classification schedules and component breakdown
Sample report

Why an Engineer-Prepared Study

IRS audit guidance favors engineering-based cost segregation studies that include a physical site inspection and detailed component-level documentation. A study prepared by a licensed engineer, with an on-site visit and signed under a professional engineering license, provides a stronger and more defensible basis for the deductions than a desktop or software-only analysis. Every Louisville Geotech cost segregation study is prepared and signed by a licensed professional engineer.

How It Works

01

Send Us Your Property List and Closing Statements

Share your property addresses, purchase prices, and closing documents. We review the scope and provide a fixed-fee quote before any work begins.

02

We Schedule a Site Visit for Each Property

A licensed PE visits each property in person to inspect, photograph, and document all building components. This is what makes the study defensible.

03

We Prepare the Engineering Study and Asset Schedules

We produce the full engineering-based cost segregation report with component breakdowns, cost estimates, and classification schedules.

04

Your CPA Uses the Report to Claim the Deductions

The completed report gives your CPA everything needed to file the accounting method change (Form 3115) and apply the reclassified depreciation schedules.

Property Types We Study

Single-family rental portfoliosSmall and mid-size multifamilyApartment communitiesRetailOfficeIndustrial and warehouseSelf storageHotelsMixed-useMedical and professional buildings

Best suited for owners of multiple properties and for larger commercial or multifamily properties. Have a single property? Ask us.

Frequently Asked Questions

Ready to Find Out What Your Properties Could Save?

(502) 225-1558

Louisville Geotech provides engineering studies, not tax advice. Tax treatment, including state conformity with federal bonus depreciation, should be confirmed with your CPA.