Craig Chase | Rea CPA

Craig Chase

Senior Manager
Dublin, OH
Resident of Stanwood, WA
Rea Team Member Since 2022
  • At Rea, Craig leads the cost segregation practice and spends time answering unique questions regarding the depreciation of fixed assets.

Topics or areas of expertise that Craig can talk about (even in his sleep):

Cost segregation

Federal tax depreciation research on specialized facilities

Fixed asset comprehensive reviews for conformance with the federal tax laws in effect

How we know he knows what he's doing:

Craig attended Everett Community College where he earned his AA degree in General Studies for Transfer, University of Washington where he earned his B.S. in Construction Management, and The University of Washington where he graduated with his Certificate in Accounting degree.

Prior to joining Rea, Craig was in the building construction industry working as a Junior Estimator, Project Engineer, and Project Manager for Edifice Construction Company in Seattle. He also spent one year working for Aecon Buildings as a Project Engineer.

Craig has over 15 years of experience in the accounting industry

I started in the building construction industry working as a Junior Estimator, Project Engineer, and Project Manager for a company called Edifice Construction in Seattle. I spent one year working for Aecon Buildings as a Project Engineer in the construction.

Furthering his professional development, Craig is involved with:

Member of the American Society of Cost Segregation Professionals

When he's not in the office, you can find him:

Working in the yard or finding something to do with his mini excavator or tractor.

Inside The Mind of...

What does “A Brighter Way” mean to you? Simply put, better than the alternative.

Why do you choose to work at Rea? Because of the culture and the people. I consider myself very lucky to have found a place within a firm that feels like home, even though I am physically located three time zones away.

What’s your favorite aspect of your job? Working with my team and getting a chance to pass on the knowledge of the cost segregation industry that I have picked up over my years in the field.

Craig is involved in his community:

Everett Community College Foundation, Board Member, Past President 2019-2020
Stilly Valley Center (Senior Center), Associate Member, Properties Committee

How he's helped clients meet their business needs:

There was a client that was constructing a very large manufacturing facility. It was so specialized, rather than doing a cost segregation study, Craig did tax research and wrote a memo in support of treating the entire structure as 7-year personal property, essentially grouping the building structure in with the equipment due to the closely interrelated nature.

Another client engaged Craig to do a fixed asset review to help them make sense of their assets. They had been doing some unreliable things in the fixed asset schedule, and Craig was able to do limited cost segregation work, along wtih asset relifing in order to achieve two goals: 1) better, more reliable data in the fixed assets, and 2) generating a multimillion dollar current year depreciation deduction on top of that.

Just for Fun:

What did 10-year-old you want to be when you grew up? Heavy equipment operator

What is the number one reason you would hire you? I know the quality and care that I put into my work.

What is one trait you possess that you inherited from your mother or father? Tenacity

An experienced cost segregation professional with a project management background in construction and high tolerance composite tooling.