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Cost Segregation Studies in Minnesota — Save 20–40% on Taxes

Minnesota property owners — from Twin Cities apartment complexes to Duluth commercial buildings — are leaving significant tax savings on the table. Seneca Cost Segregation's engineering-based studies reclassify your property assets into accelerated depreciation schedules, helping you save 20–40% on taxes. With an average first-year deduction of $171,243 and a 10–25:1 ROI, the numbers speak for themselves.

Licensed engineer conducting a cost segregation property analysis in Minnesota

Our Cost Segregation Services

Comprehensive engineering-based tax strategies for Minnesota property owners, from initial study to full implementation and audit defense.

Cost Segregation Study

A full engineering-based analysis that reclassifies property assets into 5, 7, or 15-year depreciation schedules instead of the standard 27.5 or 39 years — delivering immediate, front-loaded tax deductions with average first-year savings of $171,243.

Lookback Study

Already own a Minnesota property purchased years ago? Claim all missed depreciation deductions in a single year using IRS Form 3115 — no amended returns required — for properties placed in service up to 15 years ago.

Virtual Property Tours

A convenient 30–45 minute video-call inspection that eliminates costly on-site travel. Our engineers conduct real-time component identification and digital documentation, delivering your completed study in as little as 2–3 weeks.

CPA Coordination & Support

Seamless post-study support to help your accountant implement depreciation schedules into current tax returns or via Form 3115. Included at no additional charge with every study to ensure your full tax benefit is realized.

IRS Audit Defense

Every Seneca study includes the AuditDefense guarantee — we handle all IRS audit communications, provide supporting documentation, and cover you for the entire duration of property ownership at no extra cost.

Rush Service

Need your cost segregation study completed before a Minnesota tax deadline? Our expedited service delivers fully engineered studies in as little as one week, prioritized to meet your specific filing requirements.

Seneca Cost Segregation engineer reviewing a property report and depreciation schedule

Our Simple 3-Step Cost Segregation Process

Step 1: Free Consultation & Savings Estimate

We start with a no-cost analysis of your Minnesota property — whether a Minneapolis multifamily building, a Rochester medical office, or a Duluth commercial space. You receive a transparent savings estimate, ROI projection, and a clear explanation of costs before any commitment is made.

Step 2: Virtual or On-Site Property Inspection

Step 3: Engineering Analysis & Report Delivery

Trusted By Investors

Client Success Stories

See how Minnesota and nationwide property owners have saved thousands — and reinvested faster — with Seneca.

"The tax savings achieved with Seneca Cost Segregation made a major impact on my bottom line. I wasn't aware it was a possibility until they brought the opportunity to me. Their insight and expertise are invaluable."

Robert Riskin

"We contacted Seneca for a Cost Seg Study and they went above and beyond. Their eagerness to help and province of info will blow you away."

Brayant Rivera

"I couldn't be more pleased with the results. Their team was incredibly professional, prompt, and easy to work with. I achieved a highly favorable tax situation and recommend Seneca to anyone looking to maximize their tax benefits."

Trent H

"Dylan and his team at Seneca Cost Segregation are extremely knowledgeable. When I explored their website, it was clear they knew their stuff. It offered a very professional approach to cost segregation, backed by years of experience."

Steven Schneider
Steven Schneider

"We contacted Dylan for a cost seg study and he went above and beyond Not only will their pricing be the best price you will find, his eagerness to help and province info will blow you away"

Jayce Parks
Jayce Parks

"I've referred multiple clients to Seneca, and each time they uncovered significant tax savings. Their team is fast, professional, and easy to work with. They've become a trusted extension of our tax strategy."

Eliot Varnum
Eliot Varnum

"Extremely professional and efficient in their cost set analysis. Great communication and transparency. Will be using them going forward on all my properties."

Jacob Basch
Jacob Basch

"Their team was incredibly professional, prompt, and easy to work with."

Trent Hanson

"Seamless experience with great results. Highly recommend!"

Kim Giardino
Kim Giardino

"The tax savings achieved with Seneca Cost Segregation made a major impact on my bottom line. I wasn't aware it was a possibility until they brought the opportunity to me. Their insight and expertise are invaluable."

Robert Riskin

"We contacted Seneca for a Cost Seg Study and they went above and beyond. Their eagerness to help and province of info will blow you away."

Brayant Rivera

"I couldn't be more pleased with the results. Their team was incredibly professional, prompt, and easy to work with. I achieved a highly favorable tax situation and recommend Seneca to anyone looking to maximize their tax benefits."

Trent H

"Dylan and his team at Seneca Cost Segregation are extremely knowledgeable. When I explored their website, it was clear they knew their stuff. It offered a very professional approach to cost segregation, backed by years of experience."

Steven Schneider
Steven Schneider

"We contacted Dylan for a cost seg study and he went above and beyond Not only will their pricing be the best price you will find, his eagerness to help and province info will blow you away"

Jayce Parks
Jayce Parks

"I've referred multiple clients to Seneca, and each time they uncovered significant tax savings. Their team is fast, professional, and easy to work with. They've become a trusted extension of our tax strategy."

Eliot Varnum
Eliot Varnum

"Extremely professional and efficient in their cost set analysis. Great communication and transparency. Will be using them going forward on all my properties."

Jacob Basch
Jacob Basch

"Their team was incredibly professional, prompt, and easy to work with."

Trent Hanson

"Seamless experience with great results. Highly recommend!"

Kim Giardino
Kim Giardino

"The tax savings achieved with Seneca Cost Segregation made a major impact on my bottom line. I wasn't aware it was a possibility until they brought the opportunity to me. Their insight and expertise are invaluable."

Robert Riskin

"We contacted Seneca for a Cost Seg Study and they went above and beyond. Their eagerness to help and province of info will blow you away."

Brayant Rivera

"I couldn't be more pleased with the results. Their team was incredibly professional, prompt, and easy to work with. I achieved a highly favorable tax situation and recommend Seneca to anyone looking to maximize their tax benefits."

Trent H

"Dylan and his team at Seneca Cost Segregation are extremely knowledgeable. When I explored their website, it was clear they knew their stuff. It offered a very professional approach to cost segregation, backed by years of experience."

Steven Schneider
Steven Schneider

"We contacted Dylan for a cost seg study and he went above and beyond Not only will their pricing be the best price you will find, his eagerness to help and province info will blow you away"

Jayce Parks
Jayce Parks

"I've referred multiple clients to Seneca, and each time they uncovered significant tax savings. Their team is fast, professional, and easy to work with. They've become a trusted extension of our tax strategy."

Eliot Varnum
Eliot Varnum

"Extremely professional and efficient in their cost set analysis. Great communication and transparency. Will be using them going forward on all my properties."

Jacob Basch
Jacob Basch

"Their team was incredibly professional, prompt, and easy to work with."

Trent Hanson

"Seamless experience with great results. Highly recommend!"

Kim Giardino
Kim Giardino
The Seneca Difference

Why Choose Seneca Cost Segregation?

Minnesota property owners trust Seneca for one reason: we combine engineering precision, real estate experience, and a client-first guarantee to deliver results that hold up.

Engineering-Based Accuracy

Every study is built on licensed engineering methodology and proprietary IRS-compliant technology — not estimates or templates — ensuring maximum defensible deductions.

10,200+ Studies Completed

With over 10,200 properties assessed nationwide — including properties across Minnesota's diverse commercial and residential markets — our track record speaks for itself.

Veteran-Owned, Investor-Founded

Co-founded by a Marine veteran and active real estate investors, we bring firsthand investment expertise that generic tax firms simply cannot match for Minnesota property owners.

AuditDefense Money-Back Guarantee

We include lifetime IRS audit defense with every study — and if a material issue is found, we refund the study cost. Zero financial risk, maximum peace of mind.

Meet the Seneca Team

Experienced engineers, investors, and advisors committed to maximizing your tax savings.

Dylan Scandalios, Co-Founder and CEO of Seneca Cost Segregation

Dylan Scandalios

Co-Founder and CEO

Dylan Scandalios is an active investor in multi-family properties across the Pacific Northwest and a recognized Cost Segregation Expert. Before founding Seneca Cost Segregation, Dylan closed millions of dollars in business for both public and private companies along the West Coast, building deep expertise in deal structures and real estate finance. As CEO, Dylan oversees Seneca's engineering teams and client strategy, personally ensuring that every property owner — from first-time Minnesota investors to seasoned commercial landlords — receives a study that is accurate, defensible, and delivered on time. His hands-on investment background means he understands not just the tax mechanics, but the real cashflow impact that a well-executed cost segregation study can have on a real estate portfolio.

Paul Spies, Co-Founder of Seneca Cost Segregation

Paul Spies

Co-Founder

Paul Spies is a Marine Corps Sergeant whose discipline and precision define how Seneca Cost Segregation approaches every study. With over 8 years of hands-on expertise in real estate construction, Paul brings an unmatched ground-level understanding of property components — the exact knowledge required to identify every depreciable asset in a building. As a Principal Broker and Licensed Contractor, Paul successfully flipped over 150 homes in four years and led ground-up multi-family development projects. Having personally used cost segregation since 2018 to accelerate his own investment returns, Paul co-founded Seneca to give every real estate investor — including those owning properties across Minnesota's growing markets — access to the same competitive tax advantages at an affordable, transparent price.

Howard Hirsch, Chairman of Seneca Cost Segregation

Howard Hirsch

Chairman

Howard Hirsch serves as Chairman of Seneca Cost Segregation, providing strategic leadership and governance that has helped the firm grow into a nationally recognized engineering-based cost segregation provider. Howard brings decades of executive experience to the role, guiding the company's growth trajectory, compliance standards, and long-term vision. Under his leadership, Seneca has expanded its services to all 50 states while maintaining the rigorous engineering standards and client-first approach that define the brand. His oversight ensures that every study — from a small Minnesota single-family rental to a large multi-state commercial portfolio — meets Seneca's exacting quality benchmarks.

Frequently Asked Questions

What is a cost segregation study and how does it work?

A cost segregation study is an engineering-based tax analysis that reclassifies components of a real property — such as flooring, lighting, land improvements, and specialty systems — from 27.5-year or 39-year depreciation schedules into shorter 5, 7, or 15-year schedules. This front-loads your depreciation deductions, generating significantly larger tax deductions in the early years of ownership and increasing your immediate cash flow.

Who qualifies for a cost segregation study in Minnesota?

How much can I save on taxes with a cost segregation study?

How long does a cost segregation study take?

Can I claim cost segregation on a property I purchased years ago?

Is cost segregation IRS-approved and will it trigger an audit?

What does a cost segregation study cost in Minnesota?

Do I need to disrupt my tenants or be on-site for the property inspection?

Still Have Questions About Cost Segregation?

Speak with a Seneca cost segregation specialist for a free, no-obligation consultation tailored to your Minnesota property.

Serving All of Minnesota

Seneca Cost Segregation serves property owners across every city and county in Minnesota, from the Twin Cities metro to Greater Minnesota.

Do We Service Your Minnesota Area?

We serve property owners statewide — contact us to confirm coverage for your specific location.

Certified & Trusted

Awards and Recognition

ASCSP Member certification badge for Seneca Cost Segregation

ASCSP Member

Proud member of the American Society of Cost Segregation Professionals.

Certified Cost Segregation Professional CCSP designation badge

CCSP Designation

Engineering team holds the Certified Cost Segregation Professional designation.

5.0 star client satisfaction rating badge for Seneca Cost Segregation

5.0 Star Rating

Perfect five-star average rating from satisfied clients nationwide.

Start Saving on Your Minnesota Property Taxes Today

Fill out the form below for a free, no-obligation consultation. A Seneca cost segregation specialist will review your property details and deliver a preliminary savings estimate — typically within one business day.

Contact Us Today

For immediate assistance, feel free to give us a direct call at +1 530-797-6539 You can also send us a quick email at info@senecacostseg.com