Case Study 2 of 8: Qualifying as a designer of energy-efficient commercial building properties
Case Study 2 OF 8 Qualifying as a designer of energy-efficient commercial building properties Developers and owners of commercial buildings have been qualifying for IRC §179D, a section of the IRS code that provides a deduction for integrating energy efficiencies in buildings, either through new construction or retrofits. Recent changes to §179D are included in […]
Case Study 1 of 8: Qualifying as a designer of energy-efficient commercial building properties
Case Study 1 OF 8 Qualifying as a designer of energy-efficient commercial building properties Published as part of the Energy Policy Act of 2005, the IRC §179D provides the framework for establishing that the necessary energy and power cost savings occur to claim the deduction. Though more than 15 years have passed since this […]
Inflation Reduction Act of 2022 makes Major Changes to §179D and §45L Energy Tax Incentives.
We are excited to announce that the Inflation Reduction Act (IRA) of 2022 has drastically improved and expanded §179D Energy Efficient Commercial Building Tax Deduction and Extended and increased the §45L Tax Credit for Energy Efficient Homes. The new bill signed into law is full of exciting opportunities for energy-efficient buildings and homes! A […]
Expectations for Upcoming ASHRAE changes to §179D Tax Deduction
Together with §179D having been made permanent as part of the Consolidated Appropriations Act of 2021 this past December, one of the major changes came in the form of more stringent ASHRAE requirements for the qualification of the energy efficient commercial buildings. When the new standards will come into effect is still to be determined, […]
Nelson Marin is a Speaker at CxEnergy 2017 Conference & Expo
Nelson E. MarinDirector of Engineering Walker Reid Strategies, Inc.8401 Lake Worth Road, Suite 103Lake Worth, Florida 33467nmarin@walkerreid.bvbeta.com(561) 713-1146 Nelson Marin is a Speaker at CxEnergy 2017 Conference & Expo, the premier event in building commissioning and energy management (April 24-27, Orlando, FL). Nelson will present on the topic of “Energy Efficiency Incentives in an Era […]
5 Energy Efficient Home Designs
When planning your next new home project, architectural design, and engineering, consider including some energy efficient features into your final construction. Not only will you enjoy lower utility bills, but you may also qualify for a tax break for your investment. While there are many dynamic adjustments and additions you can make so that your […]
179D News – Tax Deduction Extended in 2016
News for the 179D Deduction in 2016 01/2016 – “Protecting Americans from Tax Hikes Act of 2015” (PATH Act) has been passed by the House and Senate which was signed into law on December 18, 2015. The bill expanded the Section 179 deduction limit to $500,000. The Section 179 Deduction is finally permanent at the $500,000 level until further notice. […]