Richmond property owners: accelerate your depreciation and unlock immediate tax savings with expert cost segregation studies. Our engineering-based approach identifies assets eligible for 5-, 7-, and 15-year depreciation schedules instead of the standard 27.5 or 39 years, turning 20–40% of your property costs into front-loaded deductions. Whether you own multifamily buildings, commercial real estate, or rental properties across the Richmond metro area, our veteran-owned team delivers IRS-compliant studies in 2–4 weeks with ironclad audit defense.
Comprehensive engineering-based tax strategies to accelerate depreciation and maximize your Richmond property's cash flow.
Comprehensive property analysis that reclassifies assets into accelerated depreciation categories (5, 7, 15 years), delivering detailed engineering reports, depreciation schedules, and audit defense for immediate tax savings.
Retroactive studies for properties placed in service up to 15 years ago. Claim all missed depreciation in one year using IRS Form 3115 without amending prior returns.
Convenient video-call property tours eliminate travel costs and schedule disruptions. Our engineers conduct real-time component analysis, reducing turnaround to 2–3 weeks while maintaining full accuracy.
Expedited delivery in as little as one week for urgent tax deadlines. Priority scheduling ensures you meet critical filing dates without sacrificing engineering rigor or compliance.
Post-study support included at no charge. We work directly with your accountant to integrate depreciation schedules, prepare Form 3115, and ensure seamless tax return implementation.
Lifelong audit protection included with every study. Our team handles all IRS inquiries, provides supporting documentation, and defends your report at no additional cost for as long as you own the property.
Richmond's mix of historic renovations, growing commercial corridors, and expanding multifamily developments creates unique depreciation opportunities. Our engineering team analyzes every property component—from HVAC systems and electrical upgrades to flooring and site improvements—to identify assets eligible for accelerated depreciation. This front-loads your deductions, reducing current-year tax liability and freeing capital for acquisitions, renovations, or operational needs. With studies completed in 2–4 weeks and ironclad audit defense, we deliver the competitive edge Richmond investors need to scale efficiently.
Join 10,200+ property owners who've unlocked an average of $171,243 in first-year tax savings with our engineering-based studies.
"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."
"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."
"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."
"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."
"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"
"Extremely professional and efficient in their cost set analysis. Great communication and transparency. Will be using them going forward on all my properties."
"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."
"Their team was incredibly professional, prompt, and easy to work with."
"Seamless experience with great results. Highly recommend!"
"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."
"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."
"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."
"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."
"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"
"Extremely professional and efficient in their cost set analysis. Great communication and transparency. Will be using them going forward on all my properties."
"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."
"Their team was incredibly professional, prompt, and easy to work with."
"Seamless experience with great results. Highly recommend!"
"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."
"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."
"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."
"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."
"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"
"Extremely professional and efficient in their cost set analysis. Great communication and transparency. Will be using them going forward on all my properties."
"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."
"Their team was incredibly professional, prompt, and easy to work with."
"Seamless experience with great results. Highly recommend!"
Veteran-owned expertise, proprietary technology, and a 95% client referral rate.
We understand Richmond's property landscape—from Fan District renovations to commercial corridors along Broad Street—and tailor studies to local building characteristics and investment patterns.
Our proprietary engineering technology and streamlined process deliver IRS-compliant studies in half the industry standard time, so you can implement savings immediately.
Every study includes lifetime audit protection at no extra cost. If the IRS questions your study, we defend it fully—and refund your fee if material issues arise.
Founded by Marine veteran Paul Spies and multifamily investor Dylan Scandalios, we bring real-world property experience and military discipline to every engagement.
Veteran investors and certified cost segregation professionals with 12+ years of experience.
Co-Founder and CEO
Dylan Scandalios is a multifamily property investor in the Pacific Northwest with a track record of closing millions of dollars in business for both public and private companies along the West Coast. As a Certified Cost Segregation Professional and CEO of Seneca Cost Segregation, Dylan has helped real estate investors nationwide save millions on their taxes through strategic asset reclassification. His investor-first philosophy ensures every study prioritizes maximum client benefit and rapid ROI. Dylan's dual expertise in deal-making and tax strategy makes him a trusted advisor to property owners seeking to optimize their holdings. He holds the CCSP designation from the American Society of Cost Segregation Professionals and leads a team dedicated to delivering engineering-based precision with exceptional client service.
Co-Founder
Paul Spies is a Marine Corps Sergeant and Principal Broker with over 8 years of real estate construction expertise. As a Licensed Contractor, Paul successfully flipped over 150 homes in just 4 years and led ground-up multifamily development projects across the Pacific Northwest. Having personally leveraged cost segregation since 2018 to accelerate his own portfolio growth, Paul co-founded Seneca Cost Segregation to democratize the same competitive tax advantages for investors nationwide. His hands-on construction background allows him to identify asset reclassification opportunities others miss, while his military discipline ensures every study meets rigorous IRS compliance standards. Paul's commitment to delivering affordable, on-time studies has helped thousands of property owners unlock immediate cash flow for reinvestment and expansion.
A cost segregation study is an IRS-approved engineering analysis that identifies building components eligible for accelerated depreciation. Instead of depreciating your entire Richmond property over 27.5 or 39 years, we reclassify assets like HVAC systems, electrical work, flooring, and site improvements into 5-, 7-, or 15-year categories. This front-loads your tax deductions, reducing current-year tax liability by 20–40% and freeing capital for reinvestment. The study is completed by licensed engineers who document every component with photos, diagrams, and cost allocations, ensuring full IRS compliance.
Get a free estimate and discover how much you can save with a cost segregation study tailored to your property.
Nationwide cost segregation services with local expertise in Virginia's capital region and all 50 states.
All 50 States
Service Coverage
10,200+ Properties
Studies Completed
95% Satisfied
Client Referral Rate
We serve all property types across Richmond and Virginia. Contact us to discuss your specific location and tax-saving opportunities.
American Society of Cost Segregation Professionals member
In-house engineering team with PE credentials
Exceptional satisfaction from investors nationwide
Tell us about your property and we'll provide a no-obligation savings analysis and transparent cost estimate within 24 hours.
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