cherrytree group llc logo
Quality for Tax Credits

Cherrytree Group LLC Blog

RSS Grab the Cherrytree Group Real Estate Blog feed

Get e-mail notifications of new blog posts! Enter email address below.

Delivered by FeedBurner


Energy Efficient Improvements in Commercial Property Qualifies for a Tax Deduction

Thursday, March 22, 2012 Warren Kirshenbaum

The "Commercial Building Tax Deduction" establishes a tax deduction for expenses incurred for energy efficient building upgrades made by a building owner . The deduction is  for $1.80 per square foot of the property, with allowances for partial deductions for improvements in interior lighting, HVAC and hot water systems, and building envelope systems.

Commercial real estate owners and business owners who have upgraded their buildings to be more energy efficient may qualify for tax deductions or investment tax credits. Consumers and business people should take advantage of the tax incentives. Generally, a tax credit is more valuable than a tax deduction because a tax credit reduces your taxes. A tax deduction only reduces the taxes that you owe by a percentage.

As a commercial real estate owner, if you have improved the energy efficiency of your commercial property or added energy efficient systems into your new building, you could be eligible for a tax deduction of up to $1.80 per square foot.

To qualify for the full deduction, the energy efficient investments must reduce energy costs by at least 50%.  A partial deduction of $0.60 per square foot is available for investments in one of three systems—lighting; heating and cooling; or building envelope. Remember, tax deductions reduce your overall taxable income which reduces the percentage of taxes you owe.

Do you want to know if you qualify for energy efficient tax credits or tax deductions? Contact The Cherry Tree Group, a Massachusetts based business consultant, and broker and syndicator of tax credits.

Recent Posts


distressed asset investment fund tax credit consultant brownfields redevelopment, CT Massachusetts tax credits renewable energy credit Former Getty owners real estate, Boston what is Brownfields tax credit, Boston historic preservation tax credits, Boston federal tax credit, Boston Chapter 40B vote results 1603 Treasury Grant real estate deals federal tax credits, Boston tax credits for contaminated property financing solar installations news Chicago tax credit investments alternate funding REIT investments historic rehabilitation tax credit new markets private equity' midterm elections wind subsidies private sector investments Brownfields credits tax credits Massachusetts film tax credit brownfields tax-credit program renewable energy jobs secure capital recession portability of tax credits heat and power federal energy investment tax credits economy renewable engery credit, MA energy efficient tax deductions solar energy credits destructive oil spill sale of tax credits alternative funding sources solar generation economic growth Fim Tax Credits ITCs Radio Entrepreneurs Show Money Matters Radio Austin investing in real estate in MA tax credits for gateway cities, New Bedford historic rehabilitation tax incentives, Boston Brownfields Act, economically distressed areas, Massachusetts Brownfields Tax Credits, Massachusetts Contingency Plan, MGL Ch 21E, RAO, remedy operation status, renewable energy, sale of tax credits, tax advantaged development, tax credit syndication, tra disaster relief, Boston downturn informational technology massachusetts non-profit movie tax credit film tax credit incentives tax credit syndication Brownfields sites, MA Massachusetts Housing Development Incentive Program, MA offshore wind Radio Entrepreneurs community development financial institutions commercial wind power Transactional Law Group ITCs, Boston cherrytree group llc private equity offerings venture development capital MA brownfields renewable energy tax credtis, Boston BTC program, Boston private investments sustainable technology commercial new york pops brownfield cleanup program film credits, MA LIHTC tax credits BTC's, Boston Brownfields program, MA Boston Marathon investing in surface lots value-added services site clean up, Boston buy real estate, MA community rehabilitation commercial tax credts, Boston sale of a tax credit capital funding The Cherrytree Group converting tax credits to cash commercial buildings Brownfields tax credt program, Boston Massachusetts brownfields tax credit Brownfields tax credit application process, Boston citizens housing and planning association tax credits to fix up historic buildings business capital develop renewable energy systems investing in apartments, MA renewable energy tax credits, MA commercial real estate attorney economically distressed areas rental income, Boston real estate lawyer, MA San Jose biomass power raising capital, MA renewable energy funding Brownfields programs historic preservation tax incentives, Boston selling tax credits for cash low income housing tax credits historic rehabilitation, Boston Chapter 40B explained renewable tax credits, Boston BTC, Massachusetts Brownfields Tax Credit Applications workforce development rehabilitation geothermal tax credits for historic rehabilitation banking renewable energy facility commercial real estate investment commercial tax credits, Lowell capital requirements CHAPA renewable energy certificates clean technology clean energy oil spill Federal Historic Rehabilitation Tax Credit tax credit programs, New Bedford contractors, Boston, MA gas station loss of income environmental remediation projects residential properties tax credits, RI Historic rehabilitation tax credits investment tax credit brownfields tax credit, CT gasoline market manipulation Historic tax credits, MA tax credits, MA devastating environmental damage large capital projects MGL Ch 21E state historic tax credit solar energy markets RI debt-service solar and wind power solar projects investments renewable energy multi-family apartments wind engery tax credit, MA LSPA, Boston Massachusetts state tax credits Plymouth, MA brownfields, MA San Francisco tax credit broker renewable energy program BTC application process, Boston borrow money buy commercial real estate, MA boycotting BP gas stations residential real estate energy efficiency improvement projects small business loans Historic tax credits historic tax credits, Boston Historic Preservation Investment Tax Credit Commonwealth Solar Rebate Program engery tax credit, MA tax credits on brownsfields thayer morgan interivew converting tax credits to cash, MA historic remediation, MA PTC solar power initiative real estate attorney, ma thayer morgan traditional funding affordable housing tax credits for cleaning up property film tax credit, Boston new housing developments NMTC Massachusetts tax credit program Federal Historic PreservationTax Credit energy companies remedy operation status credits financing money lending commercial real estate investments distressed asset investing community development renovation projects investment tax credit for non-profits economic slump Brownfields Act, MA equity investments wind NYC tax credits brownfields tax incentives, Boston hydro energy production investing in commercial real estate, Boston credit for income producing properties brownfields, CT film tax credits, MA renewable energy expensive to produce real estate investment trusts Brownfields sites owns a property that may be a Brownfields site brownfields tax credits, Boston renewable energy projects RAO non-bank resources for capital funding state tax credits, MA free up capital Brownfields Tax Credit process asset stripping solar energy production tenant representative developing real estate in MA solar installations Massachusetts Brownfields Tax Credits renewable energy credits, MA wind energy tax credit, Boston solar facilities rural energy for america program renewable energy industry distressed assets production tax credtis, Boston green energy invest in development projects non-renewable energy sources Housing Development Incentive Program ROA Brownfields tax credt, MA credit line funding real estate development weak economy federal energy regulatory commission power generation, MA tax credit programs Louisianna solar capacity tax incentives commercial tax credit attorney wind farm tax credit LSP's Boston ITC, Boston real estate investments brownfields redevelopment solar investment tax credit investing in surface parking lots Brownfields tax credt low-income housing tax credits permitting procedure federal historic tax credit Lillian Clark investments in solar energy more control over financing costs QECBs sydicator of tax credits historic preservation tax credit Cape Wind film tax credit federal government private equity offerings, ma income tax credit federal new market tax credits MA commercial tax credits commercial tax credits, Boston capped landfills CherryTree Group BTC credits, Boston geothermal power independent gas station owners historic building tax credit, New Bedford new market program historic property preservation, Boston green energy projects Seattle new market tax credit solar farms Brownfield tax credits, Boston multi-family housing, MA wind tax credits, Boston investing in commercial real estate federal tax Credit Response Action Outcome property-tax savings foreign investors the difference between tax credits and tax deductions tax incentive deals tax break for renewable energy projects state tax credits HTC Massachusetts Ballot Questions, Question 2 Explained extension of BTC, Boston federal historical tax credits environmental remediation REIT industry production tax credits REITS Rhode Island tax credits for developers american symphony orchestra tax credits for remediation commercial tax credit real estate properties tax credits, Boston Housing Development Incentive Program, Quincy federal investment tax credit American Recovery and Reinvestment Act of 2009 - Section 1603 SRECs Brownfields tax credt, Boston solar power project development investment tax credits, MA marine and hydrokinetic, solar REAL program Cape Cod BTC, Boston solar energy tax credit BTC program Massachusetts Brownfields tax credit, Boston new markets tax credit program tax deductions investment tax credits Project Hope Historic PreservationTax Credit clean energy projects EB-5 renewable energy projects, Boston commercial tax credits, MA solar energy generation negative environmental effect historic rehabilitation tax credit, Boston Brownfield sites, Boston renewable energy grants brownfields Credits, MA Massachusetts Contingency Plan cleantech capitals state historic tax credits Gulf Coast victimized Quincy Broad Medows Salt Marsh environmental projects wind power technology sale of renewable energy credits distressed asset investment fund, ma outsourcing Brownfields Tax Credits, MA tax credit sydication capital raising questions, MA Business Financing monetizing your tax credits real estate investment, Boston federal low income housing tax credit real estate lawyer polluted sites tax credit, New Bedford Money Matters investment into business Boston's one fund hydro power brownfield redevelopment, CT Martha's Vineyard wind power, Boston solar renewable energy credits economics of environmental projects Fim Tax Credit revenue renewable energy tax credit, Boston brownfields projects, MA construction energy systems monetization of ITC, Boston EB-5 Green Card Program federal tax credits Massachusetts gas station owners new markets investments invest production tax credit, Boston energy self sufficient solar investment tax motion picture tax credits tax credits for development monstrous oil spill borrowing by small businesses deduction for energy efficient buildings building improvements qualified energy conservation bonds solar power development tax credit brokers and syndicators renewable energy credits Federal Historic PreservationTax Incentive Program how REITs works tax relief cleantech historic preservation tax credit, Boston brownfields credits, Boston making money with commercial real estate PTC, Boston capitalism investors in renewable energy business loans renewable resources Massachusetts brownfields tax credits, MA solar power solar ITC production tax credit build green examine tax credits BP oil spill historic rehabilitation credits The Transactional Law Group - MA commercial properties capital line funding infrastructure investment renewable energy tax credit clean up Brownfields sites renewable energy, MA hedging transactions Kirshenbaum Law, Cherry Tree, LLC, Real Estate, MA tax incentives and credits Boston tax credit consultant, Boston Historic Boston depressed and booming markets biodiesel loaning money to consumers declining property values commercial energy tax deductions commercial tax credits, New Bedford list of brownfields sites private equity, MA methods of renewable energy production fuel cell initiatives REITs, Boston extending Brownfields tax credit, Boston solar energy cost of producing renewable energy expiring tax credits 40B credited with spurring upwards of 80% new development trash facility selling tax credits laws of Brownfields 1603 Grant real estate fuel cells film tax credit money, MA brownfields redevelopment, MA SREC federal and state tax credits capital green standards renewable energy, Boston solar energy development solarize Massachusetts urban redevelpment tax-credit program finance solar expansion commercial real estate lawyer Kirshenbaum Real Estate solar energy properties brownfields tax credit, MA RECs tax credt tax credits to help economy tax advantaged development brownfields laws venture capital landfill gas facility LIHTCs renewable energy tax break new market credits rehabilitation of historic buildings, Boston Tax Credit renewable energy tax credits new normal commercial real estate owners solar energy array projects development of the renewable energy industry historic tax credit, Boston foreign investment invest in real estate ROS tax credits for environmental clean up, Boston small residential properties gasoline price fixing Brownfields tax credit program, Boston energy tax credit low-income neighborhoods market rate program, MA Massachusetts Brownfields Tax Credit Applications Brownfields program, Boston economic development bill, MA developing real estate, MA new market Massachusetts historic rehabilitation tax credit Massachusetts BTC, Boston MA Brownfields tax credt development in Massachusetts site remediation tax planning strategies recapture 50% of remediation expenses, Boston ITC for non-profits BP Gas station owners tax advantages engery credit, MA tax credit to spur redevelopment cleantech cities investment objectives tax deductions Broad Medows Salt Marsh new market tax credits disaster recovery assisstance, Boston Historic credits Summertime Economy in Boston state film tax credits, MA visas for imigrants solar system historic tax credit renewable energy credits, Boston preservation of historic buildings foreign capital commercial real estate in MA multi-family construction wind farm development restoration projects Quincy, MA real estate strategy global energy demand New Markets Tax Credit, Boston Historic credits, RI private equity wind energy tax credit passive income, Boston commercial tax credit program, MA commercial leases energy tax credits sources of funding transfer of tax credits commercial real estate on-site power generation wind tax credit tax breaks historic and low income housing tax-excempt bonds financial incentives to develop real estate in MA largest accidental marine oil spill real estate business asset invest in commercial real estate brownfields tax credits renewable energy incentives multitude of renewable resources EPA brownfields grant money new energy technologies hydro electric power environmental remediation tax credits Nelson Mandela visas for buying homes equity requirements Massachusetts brownfields tax credits, Boston distressed asset sales wind energy credit brownfields tax credit Massachusetts BTC american recovery and reinvestment act business investment real estate investment trusts, Boston tax credit conference rehabilitating historic buildings, Boston tax credits for wind power, Boston Brownfields tax credit program real estate attorney biomass facilities commercial building tax deductions energy efficient property investing in apartment projects, MA rownfields Act state historical tax credits renewable energy development BTC preservation of mills federal tax incentives, Boston market rate housing tax credit, MA American Renewable Energy and Efficiecy Act, Boston energy production historic rehabilitation expensive to produce business construction jobs ITCs, MA private sector investment Historic rehabilitation tax credits, MA HUD insured mortgages equity brownfields tax credit, Boston wind power wind incentive EB-5 Regional centers investment tax credtis, Boston HTC, Boston tax advantages, Boston brownfields projects, Boston community block grants federal investment tax credits private equity offerings new markets tax credits FERC tax credits speaker series Brownsfield tax credit wind production tax credit NIMBY not in my back yard Commercial Real Estate Loan Amortization Periods capital finance investing in parking lots solar initiatives wholesale acquisitions state and federal tax credits, Boston RECs, MA business solar investment tax credit developers, Boston, MA real estate projects LIHTC historic rehabilitation tax credits, Boston community development entity solar pilot program obtaining capital new clean power generation Warren Kirshenbaum Brownfields tax credit, Massachusetts commercial tax credits, Fall River Historic tax credits, RI federal ITC build a wind farm federal historic tax credit, Boston REIT deepwater horizon oil spill power generation, Boston massachusetts BTC program, Boston solar panels partial equity participation Yelena Tsvaygenbaum office space rehabilitate properties renewable energy tax credits, Boston ITC tax credits for rental income, Boston distressed asset investment microturbines wholesale energy small business EPA Brownfields investments tax credit consultants, Boston wind energy credits monetize a renewable energy tax credit, Boston