Cost Segregation Study
A full engineering-based analysis that reclassifies property assets into shorter depreciation timelines 5, 7, or 15 years unlocking accelerated deductions and delivering average first-year savings of $171,243.
New Jersey property owners face some of the highest tax burdens in the nation but a cost segregation study can turn 20–40% of your property's cost into immediate tax savings. Seneca Cost Segregation delivers engineering-based studies that accelerate depreciation, boost cash flow, and protect you through IRS audit defense. Discover how much you could save.
Comprehensive engineering-based cost segregation solutions for New Jersey real estate investors and property owners.
A full engineering-based analysis that reclassifies property assets into shorter depreciation timelines 5, 7, or 15 years unlocking accelerated deductions and delivering average first-year savings of $171,243.
Claim missed depreciation on properties placed in service up to 15 years ago using IRS Form 3115, without amending prior returns. Recover years of overlooked deductions in a single tax year.
Convenient 30 to 45 minute video-based property inspections that eliminate travel costs and reduce turnaround time to 2–3 weeks, making studies faster and more affordable for New Jersey clients.
Every study includes Seneca AuditDefense at no extra charge, covering your property for its entire ownership period with IRS inquiry responses and a money-back guarantee if a material issue arises.
Post-study implementation support included with every engagement. Our team coordinates directly with your CPA or tax advisor to seamlessly integrate depreciation schedules into your current or prior-year returns.
Need your study completed before a tax deadline? Our rush service delivers completed cost segregation reports in as little as one week to meet urgent New Jersey filing or closing timelines.
New Jersey has some of the steepest property tax rates in the U.S., making smart federal tax strategy more critical than ever. Seneca Cost Segregation's engineering-based studies reclassify building components into shorter depreciation categories, creating front-loaded federal tax deductions that immediately improve cash flow. Whether you own a multifamily rental in Newark, a commercial building in Jersey City, or a short-term rental at the Shore, our team delivers IRS-compliant studies with audit defense included, in as little as 2–4 weeks.
See how real estate owners across New Jersey and the nation are saving thousands with Seneca Cost Segregation.
"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."
"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."
"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."
"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"
"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."
"Their team was incredibly professional, prompt, and easy to work with."
"Seamless experience with great results. Highly recommend!"
"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."
"Extremely professional and efficient in their cost set analysis. Great communication and transparency. Will be using them going forward on all my properties."
"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."
"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."
"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."
"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"
"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."
"Their team was incredibly professional, prompt, and easy to work with."
"Seamless experience with great results. Highly recommend!"
"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."
"Extremely professional and efficient in their cost set analysis. Great communication and transparency. Will be using them going forward on all my properties."
"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."
"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."
"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."
"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"
"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."
"Their team was incredibly professional, prompt, and easy to work with."
"Seamless experience with great results. Highly recommend!"
"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."
"Extremely professional and efficient in their cost set analysis. Great communication and transparency. Will be using them going forward on all my properties."
Over 10,200+ engineered cost segregation studies completed across the United States. Average first-year tax deduction: $171,243
Studies Completed
Avg Tax Savings
Partners
"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 CPA, Varnum, Finch & Co. "Every client we send their way whether it's their first cost segregation study or their seventh is treated like their most important client. Their team's attention to detail, responsiveness, and genuine commitment to adding value set them apart."
Matt Bontrager CEO, Truebooks CPA We combine engineering precision, real estate expertise, and veteran-grade accountability to deliver results New Jersey investors can count on.
Our engineering team has assessed over 10,200 properties nationwide, bringing proven depth of experience to every New Jersey engagement.
Every study includes lifetime IRS audit defense and a money-back guarantee, rare assurance that protects New Jersey investors for the full ownership period.
We deliver completed engineering studies in 2 to 4 weeks, well ahead of the industry standard of 4 to 8 weeks so your tax benefits are in hand before deadlines hit.
Co-founded by a Marine Corps veteran and active real estate investors, Seneca understands the financial realities New Jersey property owners face from the inside out.
Experienced engineers, investors, and real estate professionals dedicated to your tax savings.
Co-Founder and CEO
Dylan Scandalios is an active investor in multi-family properties in 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, developing deep expertise in real estate finance and tax strategy. As CEO, Dylan has helped thousands of real estate investors including office building owners save millions on their federal taxes through engineering-based cost segregation studies. His hands-on investment background means he approaches every client engagement with the perspective of an investor, not just a service provider. Under his leadership, Seneca has completed over 10,200 studies nationwide and achieved a 95% client referral rate.
Co-Founder
Paul Spies is a Marine Corps Sergeant who brings over 8 years of hands-on expertise in real estate construction to Seneca Cost Segregation. As a Principal Broker and Licensed Contractor, Paul successfully flipped over 150 homes in just four years and led ground-up multi-family development projects across the country. Having leveraged cost segregation personally since 2018 to maximize returns on his own office and residential properties, Paul co-founded Seneca to make the same powerful tax strategy accessible to investors nationwide at an affordable price point and delivered on time. His construction background gives Seneca a unique engineering advantage when analyzing complex office building components and systems.
Chairman
Howard Hirsch serves as Chairman of Seneca Cost Segregation, providing executive leadership and strategic oversight to the firm's continued national expansion. With deep experience in financial services and real estate advisory, Howard helps guide Seneca's direction as it scales its engineering-based cost segregation services to property owners across all 50 states, including California's dynamic real estate market. His leadership ensures the company maintains its commitment to technical excellence, client satisfaction, and IRS-compliant study delivery that protects clients through every phase of property ownership.
President/Treasurer
Harry Papp serves as President and Treasurer of Seneca Cost Segregation, overseeing the company's operational and financial integrity. His dual role ensures that client investments in cost segregation studies generate maximum ROI through rigorous financial management and disciplined operational processes. Harry's leadership directly supports Seneca's ability to deliver studies on time and within budget a standard that has helped the firm achieve a 95% client referral rate and an average first-year deduction of $171,243 for property owners across California and the rest of the nation.
Cost segregation in New Jersey is an IRS-compliant tax strategy that involves an engineering-based study of your real estate property to reclassify building components into shorter depreciation categories 5, 7, or 15 years, instead of the standard 27.5 or 39 years. This accelerates your depreciation deductions, significantly reducing federal taxable income. Given New Jersey's high property values and tax environment, cost segregation can be especially impactful for local investors.
Speak with a Seneca expert for a free consultation and savings estimate tailored to your New Jersey property.
Seneca Cost Segregation serves real estate investors and property owners across all of New Jersey and every U.S. state.
All 50 States
Service Coverage
10,200+
Studies Completed
95%
Client Referral Rate
We serve property owners across all of New Jersey, contact us to confirm coverage and get a free estimate.
Proud member of the American Society of Cost Segregation Professionals.
Certified Cost Segregation Professional designation the industry's highest credential.
Perfect five-star client satisfaction rating from verified reviews nationwide.
Fill out the form below to receive a free, no-obligation savings estimate. A Seneca cost segregation specialist will review your property details and show you exactly how much you could save typically within one business day.
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.
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.