About

Who We Are

We are a specialty real estate services firm whose primary focus is providing certified cost segregation studies in compliance with IRS guidelines. These and other comprehensive cash-flow solutions are designed for developers, investors, owner users and financiers of commercial real estate across the United States.  Our team has more than 20 years of cost segregation experience and more than 35 years of tax preparation and planning experience.    

What We Do

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A Cost Segregation Study is a detailed analysis of a structure/building that reclassifies or segregates its real estate components and improvements to differentiate between real and personal property. By doing so our clients can accelerate the depreciation periods from 39 or 27.5 years to 15, 7, or 5 years, respectively.


Our methods deliver this service to commercial property owners at very affordable rates. This means you can take advantage of this tax savings that was once only enjoyed by the owners of exceptionally large properties.

Why Engage Us

Our certified cost segregation studies are the result of working with you, your CPA firm, and other tax, legal and business advisors.  BUT, our work is not just an after-the-fact service. We are recognized and called upon to develop strategies and implement solutions that dramatically increase net cash flow. As such, we play an integral part in both pre and post development, acquisition and ongoing management decisions that positively impact your bottom line. Our firm is comprised of individuals not only experienced in cost segregation, but with many years of experience as tax advisors, financial planners, financial officers, construction cost estimators, and real estate developers.

The Partners

Joel Grushkin, Regional Director of Cost Segregation Initiatives

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Joel brings forty plus years of executive experience to the CSI organization. His background includes eleven years with Arthur Young & Company (now Ernst & Young) as a Principal and director of the firm’s Management Services Practice. He was also a member of AY’s, National Real Estate Industry Specialty Practice Group. His cost segregation experience has encompassed studies for developers and owners of commercial real estate, including but not limited to office buildings, shopping centers, manufacturing and distribution centers, specialty medical facilities, automotive dealerships, hotels, restaurants, financial institutions, multi-family residential and senior living.


Previously Joel was a founding shareholder and Chairman of the Private Equity/Venture Capital Practice Group of DHR International, the nations fifth largest, retained, executive search firm.
 

Joel was also Chief Operating Officer of a national consulting firm specializing in the start-up and on-going consultation to financial institutions, real estate developers, the FHLBB, and FSLIC in the areas of economic feasibility, capital formation, governance, mergers and acquisitions, business and regulatory affairs. In addition to his consulting experience, Joel held positions of CEO, COO, and CFO at either the holding company or operating company levels in conglomerates with holdings in real estate development, home building, financial services, mortgage banking, retail/entertainment, and automotiv

Curt Gautreau, CPA, CCSP, Certified Cost Segregation Professional # C0020-12

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Curt is President of Cost Segregation Initiatives and a Certified Member of the American Society of Cost Segregation Professionals, CCSP.  He has been involved in the consultation with CPA’s and or directly with real estate owners and developers on a national basis for the benefits and implementation of Cost Segregation and the surrounding taxation issues for the past 15 years. He is areas of specialization include Real Estate Taxation, Depreciation, Accounting Method Changes, Passive Losses and Capitalization Rules. Curt currently serves as the National Vice President of the American Society of Cost Segregation Professionals. He also serves as the Chair of the Technical Standards Committee. He is a member of the AICPA, past president of the Baton Rouge Chapter of the Louisiana Society of CPA’s, and a member of the Young Entrepreneurs Organization (Y.E.O.)