Our own Terri S. Johnson is a member of the Counselors of Real Estate (CRE). Membership in this prestigious organization is extended only to the most trusted and experienced real estate professionals. As such, the worldwide CRE network consists of prominent, innovative analysts, each of whom has their finger on the pulse of a rapidly evolving […]
You hear a lot about “going green” these days. Companies promote environmentally conscious programs and policies to win over new customers, improve their public image, and reduce costs. Another major benefit of “going green” through energy efficient improvements is the considerable amount of tax savings to be had. Thanks to section 179D, first enacted under the Energy Policy Act of 2005, building owners, architects and designers are able to expand and diversify their tax savings through the immediate tax deduction of an energy-efficient property.
Many investors favor multi-family properties because of the consistently robust multi-family market and the resulting significant financial return on investment. Along with providing the opportunity to earn rental income, multi-family projects offer a number of tax benefits to the thoughtful investor. Taking advantage of these benefits allows a property owner to increase cash flow in the short term while maximizing tax savings over time.