Cost Segregation Services, Inc.

Our Exclusive NODA Contact For Cost Segregation Services Inc. is Kathy Ferguson.

In 1985, she started in the Financial Services Industry with a National collection agency in New Orleans, was promoted to Sales Training Manager in 1987, then to District Manager in 1989. She then joined MoneyQuest as a District Manager and in 2001 was named Regional Manager for MoneyQuest Corporation. She now holds the title of National V.P….Where she currently has clientele through out the U.S. that she is responsible for, from California, Missouri, New York, Texas, Mississippi, Louisiana to Georgia and has been a guest speaker at association meetings throughout the years.

In 2007, MoneyQuest added cost segregation studies to their suite of financial services through an agreement with CSSI, an engineering firm specializing in cost segregation studies of commercial properties of $250,000 and greater. CSSI has completed over 5000 studies to date.

The History of Cost Segregation Services Inc. (CSSI):
Shortly after the landmark decision in the 1997 Hospital Corporation of America (H.C.A.) vs. IRS tax case, the founder Jim Shreve was commissioned by a New York City tax attorney, who worked on the H.C.A. vs. IRS case, to develop the protocols and processes to provide “engineered cost segregation studies” for commercial property owners.  Mr. Shreve, an engineer and economist, understood the financial impact of cost segregation on commercial property owners and developed the application according to the IRS tax rules and regulations. At first the fees for the studies were in excess of $100,000 and were only for properties with at least $10,000,000 in building costs. Mr. Shreve realized an enormous market place was being ignored. This market place was commercial property owners who have building costs of $200,000 - $10 million, and should have the opportunity to the increased cash flow through tax savings created by cost segregation. Mr. Shreve developed an efficient, affordable, and compliant engineering method to provide cost segregation studies for commercial and residential rental properties in the United States. Through the development of his application Cost Segregation Services, Inc. (CSSI) was formed with the purpose of providing engineered cost segregation studies for property owners of all sizes. CSSI is the premier engineering company providing cost segregation studies for U.S. property owners.

Cost Segregation Services, Inc. (CSSI), an experienced and qualified engineering company, performs the cost segregation study on your property. The study accelerates the depreciation of your building/renovation components into shorter depreciation categories such as 5-, 7- and 15-year rather than conventional 27.5- and 39.5-year schedules.  Five- and 7-year items might include decorative building elements, electrical for dedicated computer equipment, and carpet. Fifteen-year items might include site utilities, landscaping and paving. This engineered cost segregation study results in much higher depreciation expense and significantly reduced taxable income for the property owner. Best of all, the IRS ruling states cost segregation can be applied to all categories of buildings purchased or built since 1986, including renovations, and there is no need to amend your tax returns.

Cost Segregation is an IRS approved technique that allows for accelerated depreciation of commercial properties based on an engineering study that segregates different types of assets in the property into their appropriate depreciation schedules.  She will provide you a free analysis based on your depreciation schedule or by answering 5 simple questions. Then they will work with your CPA to apply to your taxes to benefit you.

Kathy looks forward to giving our organization her personal attention by offering a valuable benefit to our members. She will provide a well rounded service offering financial solutions to your account recovery needs and tax savings…to increase your cash flow.   

I encourage you to contact Kathy at 225-932-2327and see for yourself, that her solution is truly, a whole new concept that will be financially advantageous to your practice and she is looking forward to being…

“Your Financial Recovery Solution”