Our expertise · Specialty Tax Incentives

Repair vs. Capitalization Support

An invoice says what was bought. Your tax advisor needs to know what changed.

An invoice description rarely tells the full story of what changed in a building. A line item for replacing rooftop units might describe a like-for-like swap or a redesign of the whole mechanical system, and the tax answer depends on the existing condition, the work performed and the systems affected. Green Summit provides engineering and cost-analysis support so your tax advisor can evaluate repair and improvement expenditures on project-specific facts rather than on an invoice label. As a licensed engineering firm with in-house tax professionals, we describe what existed, what changed and what it cost; your advisor applies the tax rules and makes the treatment decision.

Licensed engineering firm
In-house CPAs
Founded 2014
Audit-ready documentation

Who this is for

Building owners, investors and operators with renovation and repair expenditures to classify, manufacturers and technology companies maintaining their facilities, and the accounting firms that make the treatment decision.

Accounting & Advisory Firms Building Owners, Investors & Operators Manufacturers & Technology Companies

What we do

Understand the work. We review project scopes, before-and-after conditions and the purpose of the expenditure.
Organize the cost evidence. We connect invoices, change orders and construction records with the work areas and components they affected.
Evaluate technical distinctions. We describe the nature and extent of the changes in engineering terms, without substituting generic labels for the project facts.
Support advisor review. We prepare the technical narrative and answer follow-up questions from the tax professional you authorize.

Our process

Define the question. We define the expenditure and what your advisor needs in order to decide, so the analysis answers the question actually being asked.
Review the record. We review the project records and the relevant building conditions, including what was there before the work began.
Deliver the explanation. We deliver a documented technical explanation for tax review and stay available for the follow-up questions.

What you receive

A technical analysis of the work and its associated costs, supported by the available records and explicit about its assumptions. It covers the scope, the affected components and their function, and the costs connected to each, so nothing rests on a generic label. The responsible tax advisor determines deductibility, capitalization and filing treatment; our analysis gives that determination a documented factual foundation.

Benefits

Technical facts that help your tax team distinguish the nature and extent of the work.
Consistent documentation of scope, function and cost, not an invoice label alone.
A record your advisor can rely on if the treatment decision is questioned later.

Why Green Summit

Green Summit connects engineering evidence and cost records with your financial and tax advisor's review. We organize every engagement around the actual asset and the documented facts, never a promised benefit or a template percentage. Founded in 2014 as a consulting partner delivering end-to-end compliance solutions, we combine a licensed engineering firm with in-house CPAs, so the engineer who reads the change order understands the building system it changed, and the documentation is audit-ready from day one.

Frequently asked questions

What is repair vs. capitalization support?

Engineering and cost-analysis support that documents what existed before a project, what the work changed, which building systems were affected and what it cost, so a tax advisor can evaluate whether an expenditure is a repair or an improvement on project-specific facts. It is technical support for the advisor's decision, not the decision itself, and it does not replace tax-return preparation or legal advice.

Do you decide the final tax treatment?

No. Our work supports the independent judgment of your tax advisor and does not replace tax-return preparation or legal advice. We document the facts; the advisor determines deductibility, capitalization and filing treatment.

Can several renovation projects be reviewed together?

Yes. We group projects where that is useful, while preserving enough detail on each expenditure and each affected system for your advisor to evaluate them individually.

What records are most helpful?

Original and revised scopes, invoices, change orders, photographs and descriptions of the existing conditions are the most useful starting points. Photographs of the conditions before and after the work are especially valuable.

How does the engineering analysis help our accountant?

It describes what existed, what changed, the component's function and the documented costs. Your accountant applies the relevant tax rules to those facts; the analysis is not a substitute for their treatment decision.

Should this be coordinated with disposition work?

Often, yes. The same renovation raises both questions: how to treat the new work and what happened to the retired asset. We coordinate the records for both while keeping the analyses and their conclusions distinct.

Let's give your tax advisor the facts behind the invoice.

Tell us the property and where it is, the projects or expenditures in question, and whether the work is planned, under way or complete.