Local Business Consulting Firm Guides Marijuana Industry to Tax Breaks

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Locally based RCG Valuation has expanded its business advising model to include the rapidly growing marijuana industry. Through cost segregation, RCG Valuation can consult cannabis growers on how to receive specific tax deductions.


A cost segregation study allows commercial real estate owners to use an accelerated depreciation schedule, resulting in higher tax deductions in the early years after purchasing a property. While many aspects of a marijuana operation don’t qualify for tax deductions, the physical building and manufacturing components do.


Cost segregation studies are not a new concept but the approach to how RCG Valuation gathers the data is. It uses drones and 3D cameras to allow for a significantly shorter reporting time compared to traditional methods. Owners can receive their deductions much more efficiently at a lower cost and without disturbing the growing or storage process.


“Representing cost segregation in the cannabis industry has given us the exciting opportunity to provide these upstanding businesses with the assistance they require to operate at their fullest potential,” said Scott Roelofs, owner of RCG Valuation. “The technology we use has been able to provide a more secure and efficient experience for cannabis executives that cuts the entire production time in more than half.”


Cost segregation is a unique opportunity for the marijuana industry to receive necessary tax breaks because the government has put regulations in place to make obtaining any sort of deduction increasingly challenging. Cost segregation is one of the only opportunities for marijuana companies to receive tax refunds.


RCG Valuation has completed studies on properties in Florida, California, Utah, New Mexico, Colorado, Texas, Missouri, Illinois, Iowa, Michigan, Maine and Arizona. Its headquarters is located at 8765 E. Bell Road, Suite 112, in Scottsdale and a secondary office is in Aventura, Fla. Learn more at www.rcgvaluation.com and on LinkedIn at www.linkedin.com/company/rcgvaluation


RCG Valuation & Monetization, based in Scottsdale, Ariz., helps small to medium-sized businesses grow and monetize through advanced financial analysis and specialty tax planning. As a part of its consulting services, RCG Valuation offers cost segregation analyses, which allows property owners to use an accelerated depreciation schedule. R&D tax credit verification and business valuations are also notable services. RCG Valuation is located at 8765 E. Bell Rd., Suite 112, in Scottsdale and in Aventura, Fla. Learn more at rcgvaluation.com and on LinkedIn at www.linkedin.com/company/rcgvaluation.

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