Cost Segregation Initiatives

What is Cost Segregation? Picture of IRS Cost Segregation LogoCSI is a best of breed specialty real estate services firm. Our primary focus is providing cost segregation studies in compliance with IRS guidelines. We do not practice as CPA’s. We do not prepare tax returns and we are not performing an accounting study. What we are doing is analyzing your real estate project, by breaking down blueprints, as-built drawings and cost data, to determine which elements can be converted to personal property categories, in compliance with the tax code, thus depreciable over a much shorter lifetime. 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 firm is comprised of individuals not only experienced in cost segregation, but with many years of experience as tax advisors, financial officers, consulting engineers, construction cost estimators, and real estate developers.

While we provide engineered cost segregation, working with you, your CPA firm, and other tax, legal and business advisors, our work is not just an after-the-fact service. We are recognized and called on to develop strategies and implement solutions that dramatically increase net cash flow. As such, we play an integral part in pre- and post-development, acquisition and ongoing management decisions that positively impact your bottom line. Contact Joel Grushkin at 858.922.1037 or email him at jgrushkin@costseganalysts.com for more information. Visit costseganalysts.com for more information.


  • Commercial Real Estate with Tom van Betten and Joel Grushkin

    October 16, 2024
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    The guests were Senior Vice President of Cassidy Turley, Tom van Betten, and returning guest and sponsor Joel Grushkin of Cost Segregation Initiatives (CSI). With more than 20 years in commercial real estate, Tom van Betten now represents tenants exclusively. His clients have ranged from start-ups to Fortune 500 companies and include: ViaSat Inc., Prudential California Realty, and Qualcomm. As a partner at San Diego Social Venture Partners, Tom has helped the San Diego community become stronger and thrive. He is also a board member of the Big Brothers Big Sisters of San Diego, as well as playing in cover band, and spending time with his family.

    Joel Grushkin specializes in another aspect of commercial real estate called cost segregation, which is an IRS-sanctioned procedure of re-classifying the improvements and components of commercial buildings in order to increase cash flow and reduce income tax liability. In the show both experts addressed the issues surrounding the adoption of the new IRS regulations that took effect 1/1/2014, Sec 263, pertaining primarily to Repair and Maintenance of commercial real estate. Secondly, they discussed real estate acquisitions and specific contractual language sellers can put into a purchase agreement as it pertains to allocation of the purchase price and why this can be a costly mistake that is irreversible.

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    Listen to a podcast of Joel Grushkin and Tom van Betten’s interview!

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  • 2014 Tax Code Changes for Commercial Properties

    September 8, 2024
    Curt Gautreau and Joel Grushkin talk about how owners of commercial real estate can take advantage of new tax laws that come into effect in 2014 in order to lower their tax burden. Mr. Gautreau is the President of Cost Segregation Initiatives (CSI), and is based out of the company’s Baton Rouge office in Louisiana. Throughout ...
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  • Increasing Cash Flow for Commercial Buildings with Joel Grushkin

    July 1, 2024
    Listen to Podcast of the Show The show welcomed back Joel Grushkin, the San Diego Regional Director of Cost Segregation Initiatives (CSI) for the third time. Mr. Grushkin has held a position with CSI since May of 2006, but his career in this industry spans all the way back to the early 1970s. It was as ...
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  • Curt Gautreau and Joel Grushkin of Cost Segregation Initiatives

    May 22, 2024
    Listen to Podcast of the Show The show welcomed back Joel Grushkin (featured in photo), the San Diego Regional Director of Cost Segregation Initiatives (CSI), and the President of the Company, Curt Gautreau, joined him. Curt is based out of Baton Rouge, Louisiana and his accounting practice focuses on emerging businesses, primarily real estate management and ...
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  • Increase Net Cash Flow with Cost Segregation Initiatives’ Joel Grushkin

    April 30, 2024
    Listen to Podcast of the Show Joel Grushkin discussed cost segregation. Having more than thirty years of executive experience, Joel is currently the San Diego Regional Director of Cost Segregation Initiatives (CSI). Cost Segregation is the IRS approved method of re-classifying components and improvements of a commercial building resulting in a reduced income tax liability ...
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  • Joel Grushkin and Alex Goldstein, Real Estate and Cost Segregation Experts

    July 12, 2017
    Richard and Joe welcomed Joel Grushkin, the San Diego Regional Director of Cost Segregation Initiatives (CSI) and Alex Goldstein real estate agent, investor, and principal in over $50 million of land, commercial and residential real estate transactions. Joel Grushkin PhotoJoel Grushkin specializes in an aspect of commercial real estate called cost segregation, which is an IRS-sanctioned ...
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  • Joel Grushkin, San Diego Regional Director of Cost Segregation Initiatives

    October 14, 2016
    This week Richard and Joe welcomed show sponsor Joel Grushkin, the San Diego Regional Director of Cost Segregation Initiatives (CSI). Joel brings nearly forty 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 ...
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  • Curt Gautreau and Joel Grushkin of Cost Segregation Initiatives

    November 27, 2015
    Richard and Joe welcome back Joel Grushkin, the San Diego Regional Director of Cost Segregation Initiatives (CSI), and Company President, Curt Gautreau. Curt is based out of Baton Rouge, Louisiana and his accounting practice focuses on emerging businesses, primarily real estate management and development. CSI specializes in cost segregation, which is an IRS sanctioned procedure of ...
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  • Analyzing the San Diego Real Estate Market with Alan Nevin

    July 11, 2015
    Richard and Joe interviewed Mr. Alan Nevin, Director of Economic and Market Research at Xpera Group and returning sponsor Joel Grushkin of Cost Segregation Initiatives. Mr. Nevin has an extensive background in real estate economics, lending and market analysis. He serves the development, investment, legal and public agency communities with residential and commercial real estate ...
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  • Commercial Properties and Taxation

    January 17, 2015
    A new year brings new tax code regulations. The show welcomed returning guest and sponsor, Joel Grushkin of Cost Segregation Initiatives (CSI). This was an important show for commercial property owners who want to minimize their tax liability. Mr. Gruskin is the regional director for CSI. CSI is a real estate specialty consulting firm providing cost ...
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