Early in 2004, the IRS published rules and guidelines for real estate depreciation methodology. Also known as cost segregation, this powerful tax saving tool for property owners went from being a fringe concept to a mainstream, accepted practice almost overnight.

Suddenly, significant tax savings were available to anyone who owned or managed a positive income generating property, from doctors to restaurant owners to landlords to others. To be able to properly access these savings, however, required expertise not only in income tax but also in such diverse fields as engineering, real estate and construction management.

That’s when a veteran group of CPA’s and construction managers came together to form Winchester Bay. Our team has all the necessary experience, skills and tools to help you understand and harness the financial power that can come from proper application of IRS-approved cost segregation. We provide this valuable resource not only to property owners themselves, but also to the CPAs and accounting firms who already represent many of these individuals.

Since our beginning in 2004, we have been able to manage explosive growth and yield literally millions of dollars in tax savings for our clients. Our commitment to you is simple: that you receive the benefits of being a property owner and reach the potential of your tax-saving present and future.

Our team comes is a diverse team of professionals that come together to give you a unique blend of skills that will help you get the most value out of your property.

Mr. Gregory L Gagon, is a business professional with 21 years of experience in the property development, building construction, and design engineering industries.

Mr. Gagon has been Vice President of Development for Thanksgiving Point, a 740 acre planned commercial, residential, and recreation development. While in this capacity, there were approximately $67.6 Million in construction and development projects successfully completed.

He acted as Vice President of Operations for Quantum Construction and Development. Quantum Construction conducted business in the commercial construction markets of Utah and enjoyed annual sales of approximately $50 Million. He has a BS degree in Finance.

Mr. Davies joined Cook Martin Poulson, PC in 1998, and became a shareholder in 2005. He also assumes a large responsibility as Director of Tax Law for Winchester Bay and was instrumental in developing the cost segregation program of the company. His responsibilities continue as he keeps the company grounded in solid legal tax law.

He currently manages the Salt Lake City office of the Cook Martin Poulson accounting firm and specializes in income tax consulting and compliance work for businesses and individuals, including but not limited to those in real estate, construction, and health care.

He has a BS degree in Accounting and also a MAcc degree from Utah State University. Mr. Davies is a Utah Certified Public Accountant.

Mr. R. LaMar Gagon is a business professional in the construction industry and has enjoyed an extensive career in the contracting trades that spans over 44 years.

Mr. Gagon worked as an estimator and project manager for the Systems Group at WesTech Engineering, Inc. of Salt Lake City, Utah. Prior to this position, he functioned from 1971 to 1998 as President and CEO of Gagon Contracting of Salt Lake City, Utah. In this position he was responsible for the management and supervision of up to 130 employees, and for the management of all business operations.

Commercial clients during his tenure included hospitals, laboratories, universities, and office buildings.

Mr. Kris A. Kutterer is a construction professional with 13 years of experience in the building construction and design engineering industries.

Mr. Kutterer has acted as a National Construction Consultant for Koreteck, a BlueScope Company. Duties included National Accreditation Training Program design and implementation, design and construction troubleshooting, cost analysis and product development.

He has also acted as a Butler Products manager, Director of Safety, General Estimator and Project Manager for Furst Construction. Furst conducted business in the commercial construction markets of Utah and enjoyed annual sales of approximately $40 - $60 Million.

Mr. Ted R. Hensley worked as a process and applications engineer prior to his position at Winchester Bay. His employment included Westech Engineering with their water and waste-water treatment design teams that serviced both municipal and private clients. He was acutely involved in the costing and sales of the various engineered systems.

Prior to his work in the municipal and industrial water treatment fields, he worked as a Project Manager for Ellsworth Peck Construction, a commercial general contractor. His duties included the general project management and cost control of various commercial projects, including office, retail, and manufacturing.

Mr. Hensley has a BS degree in Civil Engineering, an AAS degree in Business Management, and is currently working on an MBA through Columbia Southern University.

Mr. Jimmy V. Woods received a BS in Mechanical Engineering in 1992. After he earned and received his degree in engineering, he worked as a Project Manager and Consulting Engineer for Global Services, Inc. His focus for the organization was in their boiler heat system and cooling water system divisions.

He has traveled extensively as a professional engineer and completed projects in the United States, Middle East, Far East, and South America.

Prior to receiving his BS degree, Mr. Woods acted for over a decade as manager and superintendent for a general construction firm. His primary responsibilities included project estimation, contract negotiation, purchasing, and site project management.

Mr. Derek C. Nelson has maintained his status as licensed general contractor in the state of Utah for over 24 years.

His experience and responsibilities over the years as a general contractor have been diverse. He has been intimately involved in project design, cost estimation, bid proposal, purchasing, and project management, giving him a great depth of understanding within the building industry.

Mr. Nelson is experienced and proficient in all the phases of general construction, including layout, utility and site work, framing, HVAC, plumbing, electrical, finish carpentry, tenant finishes, and millwork.