Energy Efficiency is not just about spending money. The Deficit Reduction Act and the Inflation Reduction act (along with many other pieces of legislation throughout the years) carve out specific tax benefits when you invest in green energy and updating to modern building standards. Have you heard of 179D and 45L tax incentives? This week Dawn Polin, the Real Estate Incentives CPA, joins Justin to discuss the current landscape for energy efficiency tax incentives. Whether it be ground up development or a value-add project, there are potential tax benefits you should consider when designing your project.Mechanical SEER ratings. Energy Efficient windows. Thermal. Solar. So many different components to consider when you are developing a new property or improving an existing property. How do you know whether making such an investment has any financial benefit? Listening to Today's Real Talk will give you a leg up.ReferencesDawn Polin: https://cretaxplanning.com/Deficit Reduction Act: https://www.congress.gov/bill/109th-congress/senate-bill/1932Inflation Reduction Act: https://www.congress.gov/bill/117th-congress/house-bill/5376/textIRS 179D Publication: https://www.irs.gov/pub/irs-utl/irc-179d-energy-efficient.pdfIncentifind Database for Incentive Reporting: https://incentifind.com/welcome?affiliate=6666bbe3-95c3-49d9-a28e-5969cd6ca85bChapters00:00 - 03:55: Talking w/ Justin03:55 - 08:23: Intro w/ Dawn Polin08:23 - 13:20: Cost Segregation Overview13:20 - 14:51: Introduction to 179D & 45L14:51 - 19:24: What is 179D?19:24 - 21:11: History of 179D21:11 - 29:44: How to use 179D29:44 - 34:48: Necessity of Planning34:48 - 36:57: The Building Envelope36:57 - 41:08: History & Use of 45L41:08 - 43:24: Cautions of Seeking 45L 43:24 - 48:17: Who is using 179D & 45L incentives?48:17 - 50:38: Using Tax Credits & Incentives50:38 - 55:18: Future of North Carolina Incentives55:18 - 56:30: Wrap Up w/ Dawn56:30 - 01:03:08: Q&A 1 - Are there any good courses you would recommend to help w/ learning real estate?01:03:08 - 01:08:22: Q&A 2 - What do I do if my contractor won't finish the job?01:08:22 - 01:12:41: Q&A 3 - What sector of real estate do you think will be most volatile in the short term?01:12:41 - 01:13:59: Final Thoughts w/ Justin

Broadcast on:

11 Feb 2023