Why do I need an engineered Study?
An engineered study helps you in three ways.
1.) Some CPAs do studies. What they lack is the engineering expertise and staff. That means they won't be able to determine less obvious components that can be depreciated as personal property, such as in-wall wiring, special HVAC systems, demountable partitions, underground utilities, non-essential lighting, equipment foundations and more. In general, an engineered study results in 5 to 50% more deductions.
2.) An engineered study is less likely to be challenged by the IRS engineers.
3.) A third party study removes concerns the IRS may have about conflict of interest.
