Cost Seg Company - Should I shop around? Recommendations?

[Keetaek Hong]

Short: Can the Cost Seg Study result vary based on "WHO" does it? Should I shop around?

Long:

Thanks to my awesome CPA, I've learned about STR Loophole and embarking on the first cost-seg study. As a noob, I wasn't sure if cost-seg study varies based on which firm does it. Or does it follow a strict guideline that I should find the firm willing to do it cheapest?

If I should shop around, what are the criteria/questions I should be asking? 

Lastly any recommendations?? 

[James Parrish]

The quality of a cost segregation study will DEFINITELY vary based on the firm you hire. This is because the IRS provides a framework for cost segregation, not a bright light method.

The cheaper ones are not as thorough and will not generate as many deductions, they also typically do not go the extra mile and work with your tax preparer to implement the study. One question you should always ask is if the firm performs engineering-based cost segregation studies. This is the highest quality of study that you can get - this type of study will also perform well under audit. 

Hope this helps!