In real estate investment, there’s an old saying that never seems to lose its relevance. The saying: ‘it’s not about how much money you make, but how much you actually get to keep.’ Taxes, more than anything else, determine this outcome.
For years and years, large investors have often used a strategy called cost segregation. This is a tactic that lowers their tax burden by accelerating depreciation. So what’s the catch? Well, it proved to be expensive, overly time consuming, and mostly out of reach to individual property owners. Cost segregation was often something that only the big wigs of society could use.
This is where R.E. Cost Seg comes into play. Based in Houston, Texas, they operate nationally giving access to the best tax strategy for real estate investors. There is no cutting corners with this method, but it is something that has never existed before. By combining cost segregation experts who have numerous years of experience with a technologically driven process, they create a niche that will make your life much easier.
In the review below, we will take a closer look at R.E. Cost Seg. We will cover who they are, what they do, who can use them, and why they are a wonderful option for you if you are just entering the real estate market. Many property owners consider them a go-to source across the country, so be sure to check it out below.
Who They Are
R.E. Cost Seg didn’t start as a general accounting shop, it was founded with the mission to modernize speciality tax services. They believed that these tax services shouldn’t feel inaccessible to anyone, even if you are one individual starting out with property investments. Getting on the property investment ladder can be hard enough without dealing with tax on top of this as well.
The company was founded by CEO Melanie Baldridge, and she still leads them today. With a background in accounting, she saw so much room for improvement using a tech-forward approach. Under her wing, R.E. Cost Seg has grown from a small company that not many people knew about to one that top leaders are trying to catch up with. The company’s belief is that cost segregation studies shouldn’t just exist to satisfy the tax office. It should actually work with an investor to help them make better financial decisions, free up some capital, and improve the chances of a great return.
Who They Appeal To
R.E. Cost Seg can appeal to many people interested in real estate investments, including companies and individuals. It can be of great assistance to anyone interested in becoming an active wealth builder. The brand resonates with the following:
The scalable portfolio owner – these are investors who actively buy around two to five properties a year. They are likely to need fast, repeatable processes to unlock cash, fast.
The tech savvy investor – some people prefer a digital dashboard over a plain, boring, manila envelope. Their client portal allows investors to track their studies in real time.
The short term rental community – with a steady rise in short term rentals, like Airbnb and VRBO, R.E. Cost Seg has become a firm favorite among this community of owners.
Strategic Certified Public Accountants – CPAs will often mention R.E. Cost Seg to clients, this will save them hours of manual entries.
The Pros
So, what are the pros of R.E. Cost Seg for investors:
- You will always receive transparent pricing, the price you are quoted is the price you will pay. Always. They offer great value for money with their $950 rapid reports, these are great for smaller investors who perhaps don’t have huge budgets.
- You won’t find yourself waiting around for a long period of time – the typical turnaround time could be as little as 10 business days. Gone are the days of waiting a whole six weeks for your reports.
- Don’t worry about cutting corners when you use R.E. Cost Seg. All of your reports will be reviewed by actual engineers, this is to ensure they meet the strict guidelines set by the IRS Audit Technical Guide.
- They are fully licensed to work in all 50 states! This is something that not every company can brag about. So no matter where you are located in the States, you can use this awesome company for all your tax saving needs.
- They are very confident in their abilities to make your life easier. They can offer you the ability to find out how much you could save before you pay them. If numbers aren’t adding up for your property, they will be sure to let you know.
The Cons
And now, the cons.
- Be aware that for properties that are valued lower than $250,000, R.E. Cost Seg might not work for you
- If you are an old school investor or conservative CPA then you may not like the virtual first marketing that is offered by R.E. Cost Seg.
- Only US properties are supported through R.E. Cost Seg. So, if your property is abroad then you may need to use another tax strategy for these.
- Studies through this company require you to have key documents on your property. This could include invoices and blueprints for example. Finding these and having them in place can take time and effort to achieve.
Final Thoughts: A Brand Worth Your Trust
You came here to find out if R.E. Cost Seg is worth your time and effort. We say of course it is, and we highly recommend it. They have somehow managed to rebrand a boring tax service into a high octane growth engine for real estate investors. They are no longer stuck in an age where they shy away from technology.
So, if you are a real estate investor that wishes to stop overpaying the tax man then R.E. Cost Seg is the best option for you. You get a great balance of cost, protection, and high performance. Our verdict is that this company appeals to all investors who value their time as much as their tax savings.
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