Cost Segregation Studies For All Types of Commercial & Residential Properties
- Perform detailed Site Inspection to properly review all Units Of Property (UOP) that can be evaluated for re-classification into a shorter segregated class life.
- Review all Architectural & Engineering plans in order to prepare an accurate estimate of UOP’s for the detailed cost segregation analysis.
- Review all Construction Costs including AIA Request For Payments (G702 & G703) submitted by General Contractor - Building Improvement documents - Invoices from Subcontractors & Vendors - Journal Entry Accounting Records - and any/or other records that can be provided by Client to ascertain construction costs.
- Prepare 'ProEst 2017 Engineering Asset Detail Report supported by R.S. Means Cost database with all UOP's clearly identified and segregated by IRS property classifications.
- Prepare Tax Depreciation Projection Schedules for all segregated asset categories.
- Issue Cost Segregation Study in full compliance with all IRS regulations as prescribed by the IRS "Cost Segregation Audit Technique Guide - Chapter 4 — Principle Elements of a Quality Cost Segregation Study and Report".
- Prepare IRS Form 3115 Application for Change in Accounting Method along with all supplemental Attachments including Form 481(a) Adjustment for Accumulated Depreciation.
- Regional Senior Project Manager for Affordable Housing Developer that utilized Federal and State Tax Incentive Programs to build apartment projects with the leverage of Tax Credits.
- Prepare Cost Certifications & Asset Segregation of completed Affordable Housing apartment projects prior to Closing for sale of Tax Credits to Investment Syndication.
- Responsible for entire Construction Management of multiple projects located throughout the country including selection of Project Managers, Superintendents, Subcontractors and Vendors.
- Prepare detailed quantity estimates for budgetary purposes in order to complete buy-out of entire project from various suppliers and vendors.
- Prepare and/or review scope of work specifications to maintain quality control within projected budgetary guidelines.
- Review subcontractor proposals and negotiate contracts for entire project.
- Procure sources of additional subcontractors and vendors to supplement current subbase.
- Monitor quality control through customized inspection reports developed for each trade.
- Prepare construction schedules from various software programs to monitor daily progress with weekly reporting and updating to the master project schedule.
- Prepare AIA Document forms & other draw procedures for submittal to lending institutions;
- Review and approve all applications for payment from vendors & subcontractors.
- Maintain weekly cost control procedures & supply reports to assure project is within budget.
- Prepare weekly site-safety meetings & other requirements as prescribed by local, state and federal regulations to assure compliance and maintain documentation.
- Monitor & prepare all state and federal reporting for government financed assisted projects.
- Prepare detailed Land Use and Project Development Feasibility Reports.
- Evaluate site selections and assist in site acquisition.
- Meet with governmental agencies & department supervisors to assess project parameters.
- Prepare conceptual site plan & present to appropriate agencies.
- Obtain preliminary site plan approval & concurrency review with governmental agencies.
- Assist in obtaining city & county acknowledgements for utility services.
- Attend relevant public meetings to assist in all phases of development.
- Meet with Utility Companies to assess energy incentive programs for rebates to developer.
- Over 40 years of experience with design and build of Commercial, Residential & Multifamily structures within undeveloped or developed subdivisions and industrial parks.
- Conceptual & Development Design of cost effective floor plans & building envelopes.
- Product selection of building components with cost analysis & comparisons.
- Comprehensive review of Document Specifications & Plans prior to bid submittals.
- Energy Efficiency Design Analysis & cost comparisons.
- Cognizant of the climatic conditions & construction deficiencies that result in the degradation of residential & commercial structures.
- Landscape Design to assure correct plant selection for high survival rate.
- Exterior Site Lighting Design utilizing cost-efficient fixtures for maximum illumination.
- Conceptual Site Plan with lot layouts, building footprints, boundary setbacks, roadway and utility easements, parking lot design, storm water system and site lighting plan.
- Preliminary Engineering Analysis of development costs & integration into adjoining facilities.
- Comprehensive review of Document Specifications & Plans prior to bid submittals.
- Prepare entire site development budget & procure subcontractor bids.
- Supervise & monitor entire horizontal site development process & infrastructure installations.
- Provide preliminary structural analysis reports for corrective procedures.
- Extensive knowledge & experience in the development of sophisticated renovations from existing structures addressing all aspects of new product integration.
- Assist structural engineer for cost effective renovations in existing buildings for occupancy.
- Evaluate existing structures & prepare detailed report with projected budget costs.
- Repair & restoration of structural concrete especially on coastal barrier islands.
- Damage assessments from hurricane, floods, fire & vandalism to accurately project repair costs & protect owner's investment property from deficient insurance claim.
- Assessment of environmental health issues & implementation of corrective measures.
- Mold & Mildew Remediation including certified restoration procedures.
- Litigation specialist for defective workmanship & contractual deficiencies.
- Paralegal assistance in arbitration, mitigation, product performance & liability.
- Highly successful in negotiating final settlements with subcontractors & vendors on over-budget projects in order to prevent further litigation.
- Paralegal assistance in reaching final resolutions on claims of liens prior to attorney intervention.
- Monitoring & submittal of Davis-Bacon documentation to appropriate agencies.
- Knowledgeable in Fair Housing Act requirements for multifamily projects & compliance.
- Knowledgeable in UFAS & ADA accessibility requirements for all types of structures.