Join us on September 12th for the RPOA Membership Meeting!
Best Kept Tax Secrets to Increase
Fred Clapp, Regional Director for Cost Segregation Services, Inc. (CSSI)
12:00 pm - 1:30 pm EST
The Place @ Innsbrook
4036 Cox Road
Glen Allen, VA 23060
About our Speaker:
Fred Clapp, Regional Director for CSSI
Fred Clapp is the Regional Director for Cost Segregation Services, Inc. (CSSI) and primarily focuses of delivering tax savings to owners and users of CRE in the Mid-Atlantic. A seasoned asset management professional, Fred was instrumental in building a company that became Bally’s Fitness and then spent 16 years as an investment management consultant with Smith Barney before moving to Northern Virginia. He is the managing partner of Bridges Asset Management (www.bamprojects.com), a consulting practice specializing in cost segregation to generate cash flow through building cost write downs that offset taxable income. He serves as a liaison between commercial property owners, tax advisors, principals, agents, and CSSI’s engineering tax team to ensure candidate properties will maximize their tax-code approved savings.
Cost Segregation Services, Incorporated (CSSI) is America’s premier firm delivering the tax code defined engineering-based cost segregation studies. Founded almost 20 years ago, CSSI has performed over 32,000 studies across the country and have a perfect track record with the IRS. Net results are nearly $2.8 Billion in tax savings for owners and users of commercial property.
Fred has performed cost segregation projects with building costs ranging from $350k to $152MM and delivered over $42 MM in tax savings for CRE owners since 2011. He is a frequent speaker at CRE events and organizations and delivers CPE programs for tax and financial professionals. Fred provides calculation resources that include bonus and accelerated depreciation, Section 179, partial asset disposition, capital vs expense reversal, building systems valuations, and 263(a) compliance solutions.
Mr. Clapp & his wife moved to Richmond in 2020 and are active members of Redemption Hill Church. They enjoy fitness activities, spiritual worship, and spending time with their family and grandkids.
Registration is REQUIRED by September 5th. September 6th through 8th registrations will be considered late and an extra fee is assessed. Registration will be closed after September 8th.
Walk-ins cannot be guaranteed seats or a meal.