Energy Deductions

ENERGY DEDUCTION 179D: The Section 179D deduction in the Internal Revenue Code encourages greater energy efficiency in our nation’s commercial and larger multifamily buildings, by allowing for cost recovery of energy efficient windows, roofs, lighting, and heating and cooling systems meeting certain energy savings performance targets. Without section 179D, the same energy efficient property would be depreciated over 39 years (nonresidential) or 27.5 years (residential). This provision expired at the endof 2013, but in December 2014 Congress passed H.R. 5771, which retroactively reinstated the limit on it to $500,000 to cover the 2014 tax year. Currently there are no bills to reauthorize section 179-D, so for the 2015 tax year the limit has been reduced to $25,000.

Source:

National Association of REALTORS® Issue Brief
Commercial Real Estate
August 2015

“Doral Commercial Real Estate Specialist”

“Si usted no dispone del tiempo y/o no posee los conocimientos, entreguele la propiedad en manos de un Corredor calificado”

*Nothing in this article is intended to solicit listings currently under contract with another broker.  This article offers no legal or tax advise and is for information purposes only.

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About Richard Recuset

As a Miami resident for over 35 years, Richard Recuset has a very unique and exceptional real life perspective in the Industrial Airport West Doral Submarket. His performance record shows a high degree of professionalism and hard work with an accompanying enthusiastic personality. His proven degree of persistence best serves his clients goals, always protecting the client’s interest as though it was his own. You can count on Richards’ personalized and knowledgeable service along with his strong character and integrity to get the job done right. For superior real estate representation in The City of Doral and surrounding areas, call Richard Recuset, your real estate professional.
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