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


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