commercial real estate tax & energy solutions
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EPAct 2005 created the 179D/45L Energy Efficient Tax Incentives with the goal of providing building developers/owners tax incentives to help offset the increased costs associated with constructing energy efficient (“GREEN”) commercial buildings.
The 179D allows for a tax deduction of up to $1.80/SF and the 45L provides for a $2,000 per qualified unit tax credit
EPAct Energy Tax Incentives look at the building three major subsystems: Envelope, Lighting, and HVAC/Hot Water, with the goal of reducing the property’s carbon footprint.
Cost Segregation is the most significant, but often overlooked opportunity to reduce tax liability on commercial real estate.
US Treasury Department states, "Cost Segregation is a lucrative Tax Strategy that should be used in almost every purchase of commercial real estate" ~ The Wall Street Journal
"As a practical matter, cost segregation studies should be applied by the taxpayers." ~ I.R.S., US Department of
the Treasury.
Since 2001, ELB Consulting, Inc. has helped our clients save millions of dollars by applying “fully engineered and accounted for” cost segregation, research & development tax credits, 179D and 45L energy efficient building tax credits, cost recovery, disposition/abandonment studies, and more.
ELB Consulting, Inc.
Bill Smith, Jacob Street Advisors, LLC is an authorized agent and consultant for ELB. He represents cost segregation and 179D/45L energy efficient building certifications, and CRE tax reporting services nationwide.
Call 480 | 747 5547 for more information