An update on the tax extenders 2019 and the energy credits – the President signed into law an extension of the 45L energy efficient home tax credit last Friday. The energy tax credit is available retroactive for homes or apartments leased/sold starting on January 1, 2018 through 12/31/2020 and these valuable credits are worth $2,000 per door or unit and is available to developers or home builders who have basis in the property when the units (apartment units or homes) are leased or sold during this time frame of 2018-2020. We can scope out your project free of charge and conduct the energy tax credit study required under 45L to allow developers to claim the energy tax credits on tax returns. Give us a call today for a no charge evaluation.
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