Nik Hempel

Nik Hempel is a senior manager in Wipfli’s cost segregation practice, helping real estate owners, developers, investors and businesses improve cash flow and maximize tax benefits through strategic depreciation planning. Based in Minneapolis, Minnesota, he specializes in cost segregation studies, fixed asset analysis, depreciation optimization and related tax incentive opportunities for commercial real estate, multifamily, hospitality, healthcare, manufacturing and other capital-intensive industries.

Nik leads engagements from planning through delivery, working closely with Wipfli’s tax, engineering and advisory professionals to develop practical solutions that support clients’ financial and operational objectives. Clients value his technical expertise, responsiveness and ability to translate complex tax concepts into clear, actionable strategies. By combining deep industry knowledge with a client-focused approach, he helps organizations identify opportunities, reduce risk and achieve meaningful tax savings while maintaining confidence throughout the process.