Maximizing Cash Flow
Many commercial business owners may be missing out on a valuable energy tax deduction. Are you one of them? RB Engineering helps companies make use of The Energy Policy Act of 2005 (Section 179D), which allows taxpayers an immediate deduction for the costs of installing certain energy efficient building systems in commercial buildings. The deduction can also apply to architects or engineers who design municipal or not for profit buildings. The deduction is intended to offset the costs of qualifying energy efficient improvements.
Benefit From a 179D Certification
If you own a commercial building that was constructed or substantially renovated after December 31, 2005 your property
may be a great 179D candidate. To qualify your building needs to be:
• Commercial buildings of any size
• Apartments for lease, four stories or more
• A commercial building that has undergone energy renovations
Properties certified in the 60,000-120,000 square foot range can potentially generate benefits of $100,000 to $200,000 per building. RB Engineering has a simple SixStep Process for our 179D Energy Certifications .
What Building Areas Qualify?
Energy efficient improvements can be made in the following areas:
• Interior Lighting Systems
• HVAC/System Hot Water
• Building Envelope
Both partial and full deductions are available.