Jodi Nielsen and David Deshotels are Cost Segregation Services Incorporated team members. CSSI is a cost segregation firm. The company performs cost segregation studies for business owners to get the optimal value out of their business.
Jodi and David join me today to tell me what cost segregation is and why business owners should consider it. They have tons of examples and reasons for choosing the cost segregation model. They also have reasons for why not to do it.
If you actually own your business’s building, cost segregation is a great option to pull value out of it. Jodi and David will tell how they can help. Today’s episode is a must-listen for any business owner with a building.
What you will learn:
Welcome, Jodi and David!
What is Cost Segregation Services Incorporated (CSSI)?
Why “friends don’t let friends overpay their taxes.”
How will the new tax codes affect business owners?
Why cost segregation is the best method of depreciation.
Straight depreciation vs. cost segregation
Why the government allows cost segregation.
The strategies to reduce recapture.
Why not to do cost segregation.
Why a cost segregation study is a great negotiation tool.
How cost segregation helps with the IRS.
Jodi and David’s final thoughts.
Takeaway:
Teams like CSSI are useful to help you see the big picture. You need to know what you plan to accomplish from a cost segregation study. Everything CSSI looks at is connected, and the information they find for you is to your benefit.
Links and Resources:
GEXP Collaborative
CSSI
Jodi Nielsen – 651-210-1921
Jodi’s Email
About Jodi:
Jodi Nielsen is a National Sr. Account Manager with Cost Segregation Services, Inc. (CSSI) Jodi offices out of MN. She oversees the Engineered based Cost Seg. studies for her clients. The studies provide an additional tax benefit for building owners by the acceleration of a building’s depreciation. Jodi provides 1 CPE credit courses for Tax professionals across the country educating them on Cost Segregation, Tangible Property Regulations, PAD, QIP, 45L and 179D. Working with all different types of building owners across the United States is her passion.
Jodi provides clients with the incredible tax benefit to take advantage of, thru the defendable CSSI calculated study which is the IRS preferred method. Jodi has a bachelor’s degree in Nuclear Medicine. Her past positions have been as an Administrator of a Medical Clinic, co-owner of a shipping and packing company and a consultant for multiple businesses for strategic financial growth opportunities by creating cash flow.
Jodi provides the complex information in an easy to understand format. Assisting owners to take advantage of the additional Cost. Seg. tax benefit opportunity, which enables them to be able to use their money to grow their business and make more money is a blessing she enjoys every day.
About David:
David is part of the CSSI team of present