Hello! My eyes were recently opened to the fact that our government really IS giving tax credits to commercial property/company owners who prove that they have energy-efficient practices.

I have used this to my advantage and, atop that - there is something called a "Construction and Design" credit that many of you may be interested in, as well.

To see if you qualify, just submit info at http://cost-segregation.biz/commercialproperties ... they won't put you on a "mailing list" or anything like that. If they do, blame me and I will scold them - and I am very talented at making people cry. LOL.

They are also rewarding home builders with a $2,000. tax credit for energy efficient construction, I have taken advantage of the last couple of years

Is that for commercial only people Chris or could a personal home builder gain that tax credit? Do you have more information on what it is so I can look it up incase we do go with a builder?

Posted By Maklar on 07 May 2010 08:02 PM
Is that for commercial only people Chris or could a personal home builder gain that tax credit? Do you have more information on what it is so I can look it up incase we do go with a builder?

for builders only, owner-builders do not qualify.


http://www.irs.ustreas.gov/pub/irs-pdf/f8908.pdf

Home builders credit ended December 2009. Commercial builders credit extended through 2013

For years now, builders could claim a $2,000 tax credit for building energy efficient homes that met certain above-code requirements under the Energy Policy Act of 2005 (or “EPAct”) Builders Tax Credit. This tax credit has been effective at incentivizing builders to increase the energy performance of homes and has supported job growth in the home performance industry by promoting the sale of above-code systems and the utilization of home energy raters.

Unlike previous years, this year Congress left for holiday recess without extending this important $2,000 tax credit. Thus, the 2005 EPAct Builders Tax Credit expired on December 31, 2009. The failure of Congress to extend this important energy efficiency tax credit is surprising in light of the extraordinary governmental support of energy efficiency initiatives in 2009. Despite the national groundswell of attention given to energy efficiency and the green energy economy over the last year, the expiration of this tax credit represents a step backwards for the residential energy efficiency movement.
This is a shame

There are still many local incentives for "EnergyStar" homes , we just received a $1,100. check from Florida Progress Energy for our last rated home. Being an EnergyStar builder sets youself apart from the tens of thousands of "same old same old" builders that offer nothing more than "cheap".
The EnergyStar designation is enough incentive to do the right thing