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...
