Introducing RE Cost Seg:

Real Estate Cost Segregation in Urbana

Unlock greater returns on your real estate investments in Urbana, Illinois with Cost Segregation. It's a powerful tool that decreases taxable income, leading to a significant increase in your cash flow.


Why choose RE Cost Seg for Cost Segregation in Urbana?

Identify and Reclassify

We help real estate owners identify faster-depreciating assets and reclassify them into their IRS - approved categories.

Minimize Taxes in Illinois

Cost Segregation reduces your taxable income. You pay less tax and hold on to your money for your next investment.

Increase profitability

Cost segregation can help you maximize the value of your real estate investments and increase profitability

We provide high-quality fully engineered cost segregation studies in Illinois

At Recostseg, our reputation is built on an unwavering commitment to deliver the highest quality in everything we do. Our extensive industry experience has solidified our belief that adhering to top-tier quality standards is not just a goal—it's a necessity.

Detail-Oriented Cost Segregation Studies from Start to Finish

Our studies are performed by a team of experienced engineering experts, using the Replacement Cost New Less Depreciation methodology. Every study we undertake goes through rigorous checks and meticulous scrutiny. We believe in precision, thoroughness, and excellence. Our dedicated team ensures that the data, methodologies, and results we provide are of unparalleled quality, leading the industry in accuracy and reliability.

Complimentary Audit Protection - Because We Stand By Our Work

‍In our pursuit of excellence, we understand the importance of accountability. That's why, with every study we complete, we offer audit protection at no additional charge. It's our way of affirming our confidence in our work and providing you with peace of mind. Should any questions arise, we are right beside you, offering the necessary support, documentation, and expertise to guide you through.

We provide high-quality fully engineered cost segregation studies in Illinois

Understanding the intricacies of your site is paramount, and we leave no stone unturned. Our site visits, offered both virtually and in-person, are designed to ensure you receive a comprehensive evaluation, every time.

The Future of Site Visits, Delivered Digitally

With the power of technology, our virtual site visits provides a convenient, efficient, and thorough assessment of your location. Leveraging high-definition video conferencing, interactive tools, and our seasoned team's expertise, we analyze your property from every angle. Perfect for those who appreciate quick turnarounds and minimal disruptions.

White-Glove Precision on Every Visit

For businesses in and around Urbana our in-person site visits offer an unparalleled deep dive into your property's specifics. Our experts will walk the grounds, interact with key personnel, and provide firsthand insights, ensuring that every detail is accounted for. It's the traditional approach, redefined with the Recostseg touch.

Our simple 4 step process to save you more time & money.

Submit Your Property Details

Fill out the contact form on our website with as much information as possible so that we can build a custom proposal with your estimated tax savings.

Sign the Engagement Letter

Once you sign we collect any supporting documentation. No appraisal? No problem. Let our team know and we will work to evaluate your property with only the documents you already have.

Schedule Virtual Site Visit

Scheduling a site visit is fast and easy. We use video conferencing to tour your property at your earliest convenience. For larger properties ask us about white glove service - we will fly to you to get it to quickly and pain-free.

Unlock Tax Savings

We evaluate your property and build a fully engineered study. Once completed we provide a final pdf report as well as the fixed asset schedule to share with your accountant.

Meet the team responsible for 100+ million in tax savings this year

At RE Cost Seg we believe quality works comes from quality experience. Our team has the expertise to provide you the maximum level of tax savings.

Fred Raad
Director of Sales
Matthew Gigantelli
Head of Product Development
Melanie Baldridge
Chief Operating Officer
Mitchell Baldridge
Managing Partner
Christian Yidi
Director of Engineering
Zac Prince
Chief Executive Officer

We help real estate owners in Urbana save money every year.

Urbana, Illinois, an attractive locale for real estate investors, boasts a thriving real estate industry offering ample investment opportunities. In this city, investors can benefit from a diverse portfolio of properties, both residential and commercial. Notably, Urbana is renowned for its iconic landmarks and architectural masterpieces, such as the impressive Mumford House and the stunning Lincoln Hall. These historical gems not only add value to the real estate market but also attract potential buyers seeking unique and charming properties. Furthermore, Urbana is home to prominent corporate headquarters, including those of leading tech companies, attracting a robust workforce and creating a demand for residential properties in the area. In this dynamic landscape, real estate investors can capitalize on the region's rich history, architectural significance, and corporate presence to yield substantial returns on their investments.

Ready to Save on Taxes

Request Your Free Proposal

Our team of experts will work with you to identify potential savings and make the process easy and hassle-free.

Thank you! Please wait while you're redirected...
Thank you! Please wait while you're redirected...

RE Cost Seg needs the contact information you provide to us to contact you about our products and services. You may unsubscribe from these communications at any time. For information on how to unsubscribe, as well as our privacy practices and commitment to protecting your privacy, please review our privacy policy.

Frequently Asked Questions

I bought and placed a property in service in 2023, can I still do the cost seg now in 2024?

Yes, The cost segregation study serves as a valuable tool for your CPA to optimize property depreciation. It is a one-time process with no specific timeframe for completion. If you intend to leverage the study for a particular tax filing, it remains valid for that tax year as long as the property was placed in service within that same tax year or prior. The report holds its validity as long as it is submitted before you file your taxes, irrespective of the year in which the study was conducted.

I’m a high W2 earner, can I Cost Seg my property to offset my W2 taxes?

It's essential to differentiate between active income, earned through employment or business activities, and passive income, derived from investments or rental properties. Unless you are a Real Estate professional, you may not apply losses from a Cost Segregation to offset your W2 Income.

However, in the case of short-term rentals, income generated from renting out a property is generally considered passive. Yet, if the taxpayer actively manages and maintains the rental property, there may be an opportunity to offset this passive income against their active income. Consulting with your tax professional is advisable to determine your eligibility for such adjustments.

I am planning to sell my property soon. Does a cost segregation study make sense for me?

If you are planning to sell the property in a taxable transaction a cost segregation study may not make sense because of recapture.

We generally recommend you hold a property for at least 3-5 years. However, if you are planning to enter into a like-kind exchange (non-taxable transfer of your property for another property) you will not have depreciation recapture issues until you sell the replacement property.

I just learned about cost segregation and would like to do it on prior deals. How far back can they be done?

You can have a look-back study done on assets acquired as far back as 1987 and claim the resulting write-offs using the 3115 Automatic Change without amending prior-year tax returns.

There are diminishing returns to performing a study the longer you own and depreciate a property. Contact us to determine if your property is a fit for a cost segregation study.

When should I get a cost segregation study done?

The best time to perform a cost segregation study is within the tax year that the building is purchased or construction is completed.  If you are planning on renovating your property we recommend performing a cost seg prior to those renovations.

What do your services cost?

We pride ourselves on offering affordable cost segregation studies for every budget and property type. Our self-directed Rapid Report (available for smaller residential properties, up to 4 units) is available for $895. Fees for our Fully Engineered Study vary based on square footage, property type and complexity. Compare our cost segregation study services or request a free proposal for your property here.

What types of properties are eligible for Cost Segregation?

Any type of income-producing property placed into service after 1986 qualifies for cost segregation. We frequently work on residential such as short-term rentals as well as commercial projects.