North Texas Tax & Realty Group, Inc.

Not only do we utilize the most cutting edge technology that you can find in the Cost Segregation industry, but we are co-developers of one of the best construction cost estimating softwares on the market.  Our Cost Segregation software is currently being used on major international government and commercial projects.

Our estimating software has been customized to specifically enhance our Cost Segregation, Fixed Assets Review, and Purchase Price Allocation products.  

For new construction projects in which we perform a Cost Segregation study, we can electronically link our component estimates to just about any MicroSoft Application.  This digital interface gives us the capability to incorporate an indisputable audit trail.

We are the only Cost Segregation firm in the marketplace with the capability to work directly from the Architect drawings or CAD files.  This proprietary innovation is not only more efficient than traditional methods, but it is significantly more accurate. 

A Cost Segregation study is generally performed on a single building, improvement, or development.  Fixed Asset Review is a process in which we review all of a taxpayers fixed assets and focus primarly on the real property assets (Buildings & Building Improvements).  

During these studies we take a forensic approach and closely analyze the current tax treatment of all assets within the fixed asset listings of each business entity. 

Not only do we look for misclassified asset which qualify for a shorter tax life, but we will also inform our clients of assets that are misclassified improperly to a shorter tax life than which the asset is entitled. 

Fixed Asset Review studies are the most beneficial to our clients.  Provisions within Rev. Proc. 2002-9 allows a taxpayer to file an automatic change of accounting method (Form 3115) to correct under-depreciated assets and catch-up the amount of missed depreciation from when the asset was placed in service [section 481(a) adjustment]. This adjustment can be deducted in the current year.

Purchase Price Allocation studies are performed on acquired properties and real estate.  These studies are generally more challenging in that many times the necessary data required to perform a Cost Segregation study (eg. blueprints, general contracts, construction invoices, etc.) is not provided or forwarded to new building owners. 

Our specialized software and methodologies allow us to compensate for missing data.  We are able to measure site improvements from satellite imagery, property brochures, and marketing literature to produce accurate and proportionate quantities and values.  

Extracted data is then imported into our cost approach valuation templates in which the total purchase price is properly allocated to real & personal property asset classifications.