Rogge Consulting, LLC

Services

Commercial Real Estate Valuation and Consulting for Lenders, Property Owners, Accounting Firms and Law Firms.

Service Areas

 

Commercial Real Estate Appraisal

We provide commercial real estate appraisals for a variety of clients, including lending institutions, accounting firms, law firms, and property owners.  Bradley has completed appraisals on almost every type of property including retail buildings and shopping centers; office buildings; industrial buildings; hotels and motels; self-storage facilities; residential subdivisions; apartment complexes; as well as agricultural, industrial, commercial and residential land.   

Cost Segregation

When a commercial property is constructed or purchased, the building assets are typically classified as §1250 real property and is depreciated over 27.5 or 39 years on a straight-line basis.  When a cost segregation study is performed, a significant portion of the building components can be reclassified as §1245 tangible personal property (5- or 7-year property) and/or §1250 land improvements (15-year property), which are depreciated on an accelerated basis.   

The IRS requires a cost segregation study to be performed by individuals with knowledge of both the construction process and the tax law involving property classifications for depreciation purposes.   Bradley’s knowledge and experience satisfies both of these requirements, with areas of special competence and major projects that include:

  • Experience in the performance of dozens of properties with a total basis over $2.0 billion.  Including the following property types: shopping centers, retail buildings, hotels, self-storage facilities, apartments, industrial manufacturing and distribution facilities, and office buildings.

  • Performed a cost segregation study of a $230 million waterpark and hotel property in Anaheim, California. Net present value of deferred taxes of more than $18.5 million.

  • Provided cost segregation study for a portfolio of over 100 self -storage facilities located across the U.S., which provided a deferred tax benefit of over $17.5 million. 

Our cost segregation studies will go a step further, by providing the following additional benefits to our clients:

  •  A free estimate of the net present value of benefits of a cost segregation study is provided prior to every project engagement.  

  • Upon completion of our analysis we deliver a quality report that complies with not only the IRS ATG but also the minimum quality standards of the American Society of Cost Segregation Professionals. 

  • We will also provide a fixed-asset list in excel formatted for uploading into the client’s deprecation software.  The fixed-asset list will not only include the personal property components, but also the building’s structural components and building systems (i.e. HVAC, plumbing, electrical, etc).