Private Apartment Building Case Study: Commercial Building Developer

§179D Tax Deduction – Private Automotive Facility – Commercial Business Owner AT A GLANCE Building Type: Multi-Family Sector: Private Taxpayer Type: Commercial Building Developer Location: Boston, MA Service: Living Tax Incentive: §179D Total SF: 37,232 PROJECT OVERVIEW This privately owned multifamily apartment building was designed and constructed using high energy-efficient technologies, Elite Lighting LED Fixtures, Daikin cooling and heating VRF. Making the … Read more

Public School Case Study: Environmental Firm

AT A GLANCE Building Type: High School Sector: Public Taxpayer Type: Environmental Firm Location: Lancaster, TX Service: Education Tax Incentive: §179D Total SF: 342,756 PROJECT OVERVIEW This High School used a variety of Energy Conservation measures (ECMs), including overhauling the lighting system with LEDs and upgrading the HVAC system. Some of the HVAC upgrades included new gas-powered heaters and chiller systems Making … Read more

Private Warehouse Case Study: Commercial Building Developers

AT A GLANCE Building Type: Warehouse Sector: Private Taxpayer Type: Commercial Building Developer Location: Las Vegas, NV Service: Storage Tax Incentive: §179D Total SF: 160,745 PROJECT OVERVIEW This privately owned warehouse was designed and constructed using high energy-efficient technologies, Columbia LED Fixtures, Carrier electric Roof Top Units (RTUs). Making the correct capital improvements on your building can be essential to the amount … Read more

IRA Updates §179D Deduction

179D’s energy-efficient commercial buildings deduction encourages taxpayers to upgrade specific commercial buildings. In December 2020, the Consolidated Appropriations Act of 2021, P.L. 116-260, made the §179D deduction permanent. On Aug. 16, 2022, the Inflation Reduction Act of 2022, P.L. 117-169, amended §179D. The changes apply to tax years starting after Dec. 31, 2022, and eligible … Read more

Busting Common Misconceptions: Only large projects and institutions can enjoy the benefits of §179D Deductions

Reality: The §179D deduction is beneficial to organizations of varied sizes.  The §179D deduction has often been misconstrued as a benefit exclusively reserved for large-scale projects and institutions. However, the reality is far from this common myth.  Even though more extensive facilities may have significant cost reductions due to their size, smaller tax-exempt organizations with … Read more

Private Warehouse Case Study: Commercial Building Developers

§179D Tax Deduction – Warehouse – Commercial Building Developers Madison, AL AT A GLANCE Building Type: Warehouse Sector: Private Taxpayer Type: Commercial Building Developer Location: Madison, AL Service: Storage Tax Incentive: §179D Total SF: 290,160 PROJECT OVERVIEW This privately owned warehouse was designed and constructed using high energy-efficient technologies, Lithonia LED Fixtures, Cambridge Air Solutions gas-fired DX rooftop units (RTUs), and typical … Read more

Public School Case Study: Energy Service Companies (ESCO’s)

§179D Tax Deduction – High School – Energy Service Companies (ESCOs) AT A GLANCE Building Type: High School Sector: Public/Tax-Exempt Taxpayer Type: Energy Service Companies (ESCO’s) Location: Millersville, PA Service: Education Tax Incentive: §179D Total SF: 415,382 PROJECT OVERVIEW This High School entered into a Performance Contract with an Energy Service Company (ESCO) and used a variety of Energy Conservation measures (ECMs), … Read more

Busting Common Misconceptions: There Is Little Certainty in the §179D Process, and It Is Complicated

One of the common misconceptions surrounding the §179D deduction is the perception that the claiming process is both intricate and uncertain. The fear of complexity often discourages organizations from exploring this avenue to reduce their tax liability.  Reality: Expert Advice and Certainty Contrary to the myth, the §179D process can be streamlined and made more … Read more

Busting Common Misconceptions: §179D Only Applies to New Buildings

Reality: Renovations are a Game-Changer Too! The truth is that §179D is not exclusive to new constructions; it extends its benefits to renovations as well. This misconception has left many property owners unaware of the potential benefits awaiting them when making energy-efficient upgrades to their existing commercial buildings. Under §179D, property owners can qualify for … Read more

Busting Common Misconceptions: The Efficient Reality of §179D Site Inspections

In the realm of energy-efficient building projects, the Section §179D tax deduction is a hot topic. It offers deductions for energy-efficient improvements in commercial buildings. However, a prevalent misconception about the required site inspections for §179D qualification exists: they’re often viewed as intrusive and time-consuming for site personnel. Let’s demystify this and reveal the actual … Read more

Contact Walker Blue Today