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Name
Fred W. Clapp
Bio
Fred is the Mid-Atlantic’s account executive for Cost Segregation Services, Inc. (CSSI©). With a focus on Virginia, he has managed over 400 cost segregation studies of buildings with costs ranging from $200k to $125 million. Those studies delivered over $170 million in additional depreciation expenses that tax professionals applied to their clients’ tax returns. He is a resource and partner for tax advisors seeking to expand their services. Fred is the calculation source they need to qualify bonus, accelerated depreciation, and 263(a) savings and compliance solutions for their clients. A typical candidate client has a building with an unadjusted basis between $250k and $1.5 million.
Mr. Clapp has represented CSSI© since 2012. A seasoned asset management professional, he was instrumental in developing a 44 location health club business that was acquired by Bally’s Fitness in 1988. Fred then spent 16 years as a registered investment advisor with $130 million in asset under management for Smith Barney before moving to Virginia.
Living in Richmond, Fred and his wife enjoy spiritual worship, fitness activities, and hanging out with family and friends.
Mr. Clapp has represented CSSI© since 2012. A seasoned asset management professional, he was instrumental in developing a 44 location health club business that was acquired by Bally’s Fitness in 1988. Fred then spent 16 years as a registered investment advisor with $130 million in asset under management for Smith Barney before moving to Virginia.
Living in Richmond, Fred and his wife enjoy spiritual worship, fitness activities, and hanging out with family and friends.
