Duffy+Duffy Cost Segregation Services Review 2024

Pros

• Free feasibility analysis
• Uses an engineering-based approach to cost segregation
• Decades of experience in cost segregation

Cons

• No additional tax services
• Nontransparent pricing
• Lack of client reviews

What Is Duffy+Duffy?

Duffy+Duffy Cost Segregation Services, LLC is a leading cost segregation firm in the U.S. The company’s team of CPAS, estimators, and engineers conduct cost segregation studies based on IRS guidelines and case law.

Duffy+Duffy was the first cost segregation company in Ohio when it was founded in 2002. Now, the company provides cost segregation services to property owners nationwide. Duffy+Duffy sets itself apart by specializing in LEED-certified properties.

Duffy+Duffy Services

Duffy+Duffy performs engineering-based cost segregation studies for commercial property owners, including real estate investors and franchisees.

The company is also an approved CPE Provider.

Duffy+Duffy Cost Segregation Fees

Like other cost segregation companies, Duffy+Duffy does not disclose its fees, as fees are based on the size and complexity of each property. This lack of transparency negatively impacted our rating in terms of fees.

The company does, however, offer a free feasibility analysis, after which a flat fee quote will be provided.

Duffy+Duffy Features

Duffy+Duffy focuses solely on cost segregation services, which is why it’s a leader in the industry. However, anyone looking for a company with additional tax services may want to look elsewhere — a factor we considered in our rating.

Duffy+Duffy offers several solid features, although it would be nice to see a cost segregation calculator like some other cost seg companies offer.

Here’s what to expect from Duffy+Duffy:

• Free Feasibility Analysis: Duffy+Duffy offers a free feasibility analysis to determine if your property qualifies for cost segregation. After filling out a short form, you’ll receive an estimate of tax benefits from cost segregation, as well as a quote for the firm’s flat fees if you opt to continue with the study.
• Referral Partnership Program: Duffy+Duffy has a referral partnership program. Unfortunately, no additional information is provided, and you have to call the firm for more information.
• Free CPE Seminars: Free seminars are available for CPAs to earn CPE credit. Topics include cost segregation, the IC-DISC tax incentive, and more. Credits are offered in Indiana, Kentucky, Michigan, Ohio, Pennsylvania, and South Carolina.

Duffy+Duffy Customer Service

Duffy+Duffy offers a few ways to get in touch. Phone numbers for its offices in Ohio and Michigan are provided. A form on the website can be submitted for questions or comments. A separate form to request a free feasibility analysis is also available.

Duffy+Duffy has a scarce social media presence with just a Facebook profile that is rarely updated.

While it isn’t the most comprehensive we’ve seen, the Duffy+Duffy website also offers several useful articles and resources, all of which were factored into our rating.

Duffy+Duffy Reviews

Similar to other cost segregation companies, Duffy+Duffy doesn’t have many reviews, which is what contributed to a zero-star rating for user reviews. The only reviews you’ll be able to find are the positive testimonials posted throughout the company’s website. There are also a few recommendations on user forums on sites like BiggerPockets.

However, for a company that has been in business since 2002, it’s a bit disappointing to not see client reviews. On the other hand, the lack of reviews means there are no major complaints from clients — at least not posted online.

Duffy+Duffy Complaints

There are no negative reviews online for Duffy+Duffy’s cost segregation services. Some common complaints with cost segregation companies may include:

• Unable to qualify for cost segregation
• High fees

Again, these complaints are not specific to Duffy+Duffy and are common among other cost segregation firms.

Positive Duffy+Duffy Reviews

Duffy+Duffy features a handful of testimonials on its website, with clients praising:

• Significant tax savings following a cost segregation study
• Duffy+Duffy’s experienced team
• Competitive pricing
• Excellent service

Is Duffy+Duffy Worth It?

Duffy+Duffy doesn’t provide other tax services that you’d find with other specialty tax firms. The company’s website doesn’t have the bells and whistles (and resources) on its website. What it does offer, however, is engineering-based cost segregation studies that rely on IRS guidelines and case law — an important feature to ensure an accurate cost segregation study.

The lack of user reviews isn’t completely uncommon in the industry. Duffy+Duffy’s published testimonials, as well as recommendations on online forums, indicate that the company is a leader in cost segregation and provides good service at a competitive price.

You can find out for yourself with Duffy+Duffy’s feasibility analysis. The form is quick and easy to fill out, and you can get a personalized estimate of your tax benefits, as well as a quote for the study fee. It doesn’t cost a thing, so you can add this well-established firm to your list when you’re comparing the top cost segregation companies.

Cost Segregation Review Methodology

We spend hours researching and evaluating each cost segregation company we review at Merchant Maverick, placing special emphasis on key characteristics to generate our service provider ratings.

When rating cost segregation companies, we use an 18-point rubric that looks at features, fees, customer service, and user reviews. We weigh each section differently to calculate the total star rating.

• Features: 50% of the total star rating
• Fees: 35% of the total star rating
• Customer Service: 10% of the total star rating
• User Reviews: 5% of the total star rating

Each section is further broken down into granular, weighted subsections, in which we look at specific attributes, like whether a free initial analysis is available, which cost segregation resources are offered, and availability in all 50 states.

Learn more about how we rate cost segregation companies.