Madison SPECS uses a dual approach and innovative technology to provide cost segregation studies to real estate owners in all 50 states.
WRITTEN & RESEARCHED BY
Editor & Senior Staff Writer
Last updated onUpdated
REVIEWED BY
Expert Contributor
| Total Rating |
3.8 |
|---|---|
| Fees5.0 | |
| Features3.5 | |
| Customer Service4.9 | |
| User Reviews1.0 | |
Table of Contents
Madison SPECS (Specialized Property Engineering and Cost Segregation) is a cost segregation firm that helps property owners maximize tax savings through cost segregation. The company has an experienced team of in-house engineers, tax experts, and accountants with decades of combined experience to provide cost segregation services to its clients.
Madison SPECS cost segregation services are available nationwide, and the company has already completed more than 40,000 cost segregation studies. The firm has helped clients lower their tax liability by over $3 billion over the last 17 years.
Madison SPECS specializes in cost segregation. It uses a unique approach that combines the tax approach and engineering approach for detailed and accurate cost segregation services for clients in all 50 states.
Unlike some other cost segregation companies, Madison SPECS doesn’t offer any additional tax credits or services.
| Fees5.0 |
|---|
| Cost Segregation Study Fees 5.0 |
| Cost Segregation Feasability Analysis Fees 5.0 |
Like other cost segregation firms, Madison SPECS does not disclose fees upfront. This is simply because each cost segregation study is unique, and pricing is influenced by factors including the size and the complexity of the property.
In its FAQs, the company states that cost segregation studies typically range between $4,000 and $11,000, although actual fees vary based on property size and complexity. User reviews, testimonials, and posts in real estate forums like BiggerPockets indicate that Madison SPECS has competitive fees for its cost segregation services.
Madison SPECS also offers a free feasibility analysis. With some basic information, you’ll be provided with a conservative estimate of your tax savings, as well as a proposal outlining the company’s flat fee for performing the study.
| Features3.5 |
|---|
| Cost Segregation Services 3.8 |
| Additional Tax Services 1.0 |
Madison SPECS has a lot of great features that make it a well-established provider in the cost segregation industry. Madison SPECS also helps property owners take advantage of current tax rules, including the permanently restored 100% bonus depreciation for qualifying assets under the One Big Beautiful Bill Act.
Unfortunately, Madison SPECS doesn’t offer additional tax services.
But if quality cost segregation studies are what you’re looking for, you’ll find that and more at Madison SPECS. Standout features include:
| Customer Service4.9 |
|---|
| Personal Support 4.7 |
| Self-Service 5.0 |
Madison SPECS provides multiple ways to get in touch. Potential clients can get the ball rolling with a feasibility analysis by filling out an online form. The company can also be reached by phone or email. The “Help Hub” on the company’s website provides clear answers to frequently asked questions about cost segregation.
Customer service is also responsive and helpful.
| Madison SPECS Customer Service | Availability |
|---|---|
| Phone Support | |
| Email Support | |
| Support Tickets | |
| Live Chat | |
| Dedicated Support Representative | |
| Knowledge Base or Help Center | |
| Videos & Tutorials | |
| Company Blog | |
| Social Media |
Madison SPECS has online social media profiles on LinkedIn and Facebook, although the Facebook page is not regularly updated.
Since our last review, Madison SPECS’ website has undergone a complete overhaul, making its services and resources much easier to access.
| User Reviews1.0 |
|---|
| Customer Feedback 1.0 |
| Review Site Aggregate 1.0 |
Most cost segregation companies don’t have many online reviews, and Madison SPECS is no exception. Save for a handful of positive testimonials and recommendations through real estate forums, it’s difficult to find client reviews of this company.
Still, it is a good sign that there aren’t many negative reviews, and the testimonials posted (both on and off the Madison SPECS website) paint the company as one that has a good reputation and provides quality work for a competitive fee.
It is difficult to find Madison SPECS reviews online and even more difficult to find negative reviews. There is a negative review on Yelp that first praises the company’s pricing but felt the study was too conservative in its first-year tax savings. The reviewer was also displeased that Madison SPECS did not physically come to the property.
While I can’t speak on the amount of bonus depreciation able to be claimed following the study, I will say that Madison SPECS is clear about how its studies are performed using its Smart Tour kit.
In their testimonials, clients praised the company for:
As part of Madison Commercial Real Estate Services, Madison SPECS has built a reputation in the real estate industry for its comprehensive yet affordable cost segregation studies.
By combining engineering and tax approaches, along with using technology like its Smart Tour kit, Madison SPECS has completed over 40,000 cost segregation studies for properties of all sizes nationwide.
Madison SPECS offers a strong combination of affordability, efficiency, and expertise, but you can see if it’s the right cost segregation company for you by signing up for a free feasibility analysis. If you’re still on the fence, check out our top picks for the best cost segregation services.
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The vendors that appear on this list were chosen by subject matter experts on the basis of product quality, wide usage and availability, and positive reputation.
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