NOW Hiring | Cost Segregation Engineer

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Job Details

Description

At STG you need to have a strong sense of TEAM. Individuals who thrive at STG exhibit the following success skills – Collaboration, Critical Thinking, Emotional Intelligence, Growth Mindset and Results Focused. They respect their clients, colleagues and themselves. They are generous with praise and constructive with criticism.


This is an entry-level role and there will be extensive training and career progression opportunities within the Specialty Tax Group. These opportunities apply to all interested parties with the basic qualifications and a desire to develop in this field.

 

Core Responsibilities: 

  • Writing cost segregation reports, reviewing engineered drawings, and estimating projects while ensuring quality control
  • Managing projects to meet client expectations by the pre-established deadlines
  • Writing and reviewing reports and preparing schedules that support findings in accordance with IRS standards
  • Performing physical site inspections of properties in order to take detailed notes, sketches or measurements and photographing the various components of the property for IRS audit substantiation purposes
  • Analyzing construction general ledgers, contractor payment applications, and other cost/financial documentation, and reconciling the information to various accounting records
  • Reading, interpreting and estimating take-off quantities from blueprints and other cost information provided by clients


Basic Qualifications:

  • Bachelor’s degree in construction management, electrical, mechanical or civil engineering
  • Knowledge of real estate appraisals and valuations
  • Excellent Microsoft Office skills - Excel, Word, Outlook, etc.
  • Ability to travel approximately 25% of the year
  • Prioritize projects based on deadlines
  • Detail-oriented, well organized and possesses the ability to multi-task
  • Strong verbal communication and strong technical writing skills


Preferred Qualifications:

  • Strong understanding of construction design and processes as well as depreciation, in order to determine the appropriate tax lives for building assets in accordance with IRS standards
  • A working knowledge of IRS code sections, court cases, revenue rulings and other tax citations related to cost segregation
  • Ability to manage multiple engagements and competing projects in a rapidly growing, fast-paced, interactive, results-based team environment
  • Knowledge of building systems, construction techniques, and construction cost documentation (i.e. AIA forms G702 and G703, change order logs, project cost summaries, etc.)
  • Knowledge of construction cost estimating, and experience using Marshall & Swift Valuation Service and R.S. Means
  • General understanding of Federal tax law relating to fixed assets and depreciation (Section 1245 and 1250 property, Rev Proc. 87-56, IRC 168, etc.), Federal tangible property regulations and the Tax Cuts and jobs Act



Apply Now*



*After clicking Apply Now you will be directed to Rea & Associates' website who are assisting with the hiring process for this position.

2024 Tax Guide

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July 14, 2025
Changing your accounting method can unlock massive tax savings, but only if you file Form 3115 correctly. This IRS form lets you switch from your current depreciation method to reflect the results of a later cost segregation, potentially saving you tens of thousands—or even hundreds of thousands—of dollars on your taxes. Here's exactly how to do it right. What Exactly Is Form 3115 and Why Does It Matter? Form 3115 is the IRS's "Application for Change in Accounting Method." Think of it as your official request to change how you depreciate business assets, especially when you want to implement cost segregation studies on your previously acquired properties. Here's why this matters: When you originally filed your taxes, you probably depreciated your entire building over 27.5 years (residential) or 39 years (commercial). But with cost segregation, you can reclassify portions of that building into 5, 7, and 15-year property categories, dramatically accelerating your depreciation. The numbers speak for themselves. A cost segregation study on a $13.5 million retail shopping center purchased in 2021 generated $1,168,876 in tax savings in the first year alone. That's the power of properly executed accounting method changes.
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