Real Estate

Energy Efficiency Tax Benefit Analysis


Going green is not only good for our planet, it's also good for business. Policymakers in Washington are using the tax code to encourage personal and commercial property owners to cut back on energy consumption through new tax benefits. For example, under current federal code, energy-efficient improvements to commercial property, such as upgrades to interior lighting systems, heating, cooling, ventilation, and hot water systems, are eligible for a deduction of $1.80 per square foot.

Although the government is encouraging property owners to reduce their footprint, they do not always make the benefits easy to take advantage of. The rules associated with these incentives can be confusing. Our experts can help identify where you could be saving and ensure that you are getting the most out of your green renovation.

 

 

Cost Segregation: Increasing Tax Savings

Cost Segregation: Increasing
Tax Savings

Cost segregation studies result in faster depreciation on a portion of a long-term asset... and tax savings.

Tax Incentives for Green Improvements

Tax Incentives for Green
Improvements

Seize tax incentives now for green improvements to housing and commercial properties.

Cancellation of Debt Income

Consider the tax implications for the differing ways to deal with distressed property.