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Cost Segregation

About This Webinar

$25 per credit hour – VASEA Members (with member discount code)
$35 per credit hour – Non-Members
Package discount $125 VASEA Members / $195 Non-Members
(Join VASEA for $85 to get member rates on webinars & more! Copy/paste this link in your browser: https://vasea.wildapricot.org/join-us )
NOTE: Members must use member discount code at time of registration to receive member rates. Enter coupon code on payment screen. Do not pay full amount & request refund. An administrative fee will be deducted in those cases.

There’s a sleeping giant in your office. How cost segregation can punch a hole in taxable income.
Clients who lease, or own commercial real estate and rental properties, are always looking for more annual write offs. Many EAs face challenges advising those clients regarding cost that can be expensed and costs that have to be capitalized. This presentation will offer guidance that can identify overlooked savings opportunities contained in the 2014 Repair Regulations and cost segregation strategies to maximize depreciation expenses.

Learning Objectives:
- How to utilize accelerated depreciation under Virginia’s nonconformity requirements
- Why a Unit of Property designation is important
- How to identify savings opportunities when a client renovates, acquires, or builds commercial real estate
- Look-back, catch-up, and accelerated depreciation advantages
- Differences between Section 179 and Bonus Depreciation
- When to utilize a cost segregation study

Prerequisite Requirements - Basic understanding of commercial real estate and rental properties and, or, have clients who lease, use, and own those kinds of properties.

Program Level – Intermediate

IRS Program Number - QSRNU-T-0058-22-O

Participants will earn up to 2 hour of IRS CE

Field of Study: Federal Tax Law Topics / Taxes

Refund Policy
Refunds will be honored if written notification is received at the Administrative Office up to 5 days prior to the date of the course. A processing fee of $25 will be deducted from the refund. If the total registration fee was less than $25, no refund will be granted. Transferring the registration to another individual is allowed up to 5 days prior to the program date. Transfers or cancellations within 5 days of the course will not be accepted. “No Shows” forfeit their fees. For more information regarding refund, cancellation and complaint policies, please contact our office at (804) 723-5888.

VASEA reserves the right to cancel any program or course for circumstances that are not under direct control of VASEA. If a course or program is cancelled, registrants will be notified via email at the address listed on their registration form.

Complaint Resolution Policy
For more information regarding refund, cancellation and complaint policies, please contact VASEA Administrator, Heather Greenwell at admin@vasea.org or call (804) 723-5888.

Contact Heather Greenwell, CAE, VASEA Administrator, at (804) 723-5888.

Who can view: People who attended or registered for the webinar only
Webinar Price: $70.00
Featured Presenters
Webinar hosting presenter
Fred is the Mid-Atlantic’s account executive for Cost Segregation Services, Inc. (CSSI©). With a focus on Virginia, he has managed over 400 cost segregation studies of buildings with costs ranging from $200k to $125 million. Those studies delivered over $170 million in additional depreciation expenses that tax professionals applied to their clients’ tax returns. He is a resource and partner for tax advisors seeking to expand their services. Fred is the calculation source they need to qualify bonus, accelerated depreciation, and 263(a) savings and compliance solutions for their clients. A typical candidate client has a building with an unadjusted basis between $250k and $1.5 million.

Mr. Clapp has represented CSSI© since 2012. A seasoned asset management professional, he was instrumental in developing a 44 location health club business that was acquired by Bally’s Fitness in 1988. Fred then spent 16 years as a registered investment advisor with $130 million in asset under management for Smith Barney before moving to Virginia.

Living in Richmond, Fred and his wife enjoy spiritual worship, fitness activities, and hanging out with family and friends.
Webinar hosting presenter
Executive Vice President of Cost Segregation Services Incorporated (CSSI)
Mr. Dazzio is an integral member of CSSI’s national team and has been featured as a cost segregation and asset valuation specialist at local and state tax association events across the country. Warren has extensive knowledge of tax law and consults with tax professionals, building owners, wealth managers, and real estate professionals nationwide. He has an MBA from Louisiana State University and is adept at applying accelerated depreciation and cost segregation strategies that integrate with the Tangible Property / Repair Regulations and help tax preparers stay compliant and reduce taxable income for their clients.
Attended (17)