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Tag: costsegregationstudy

The 45L Energy Efficient Home Tax Credit and How to Take Advantage it

When and why residential real estate developers should consider it By Alexander Narcise The Federal Section 45L Energy Efficient Home Tax Credit is relatively new and little known, but those who take advantage of it can reap substantial benefits. Here are two examples of 45L tax outcomes: After due diligence, a housing developer in Connecticut received a tax credit of $2,000 for each of its 144 units. A 296-unit development in New Jersey is in the process of receiving a $592,000...

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A Cost Segregation Study May Save you Thousands on your Commercial Real Estate

By James Jenco If you own virtually any kind of new construction or existing commercial real estate — housing, retail, industrial, institutional, health care, etc. — you may be able to realize tax and cash flow benefits that can come from conducting a cost segregation study. As an owner, you are already taking advantage of depreciation for tax purposes. For instance, if you own a $10 million building, you can depreciate that asset and take an annual federal tax deduction of that...

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