Energy Efficiency is not just about spending money. The Deficit Reduction Act and the Inflation Reduction act (along with many other pieces of legislation throughout the years) carve out specific tax benefits when you invest in green energy and updating to modern building standards. Have you heard of 179D and 45L tax incentives? 

This week Dawn Polin, the Real Estate Incentives CPA, joins Justin to discuss the current landscape for energy efficiency tax incentives. Whether it be ground up development or a value-add project, there are potential tax benefits you should consider when designing your project.

Mechanical SEER ratings. Energy Efficient windows. Thermal. Solar. So many different components to consider when you are developing a new property or improving an existing property. How do you know whether making such an investment has any financial benefit? Listening to Today's Real Talk will give you a leg up.

References
Dawn Polin: https://cretaxplanning.com/

Deficit Reduction Act: https://www.congress.gov/bill/109th-congress/senate-bill/1932

Inflation Reduction Act: https://www.congress.gov/bill/117th-congress/house-bill/5376/text

IRS 179D Publication: https://www.irs.gov/pub/irs-utl/irc-179d-energy-efficient.pdf

Incentifind Database for Incentive Reporting: https://incentifind.com/welcome?affiliate=6666bbe3-95c3-49d9-a28e-5969cd6ca85b

Chapters
00:00 - 03:55: Talking w/ Justin
03:55 - 08:23: Intro w/ Dawn Polin
08:23 - 13:20: Cost Segregation Overview
13:20 - 14:51: Introduction to 179D & 45L
14:51 - 19:24: What is 179D?
19:24 - 21:11: History of 179D
21:11 - 29:44: How to use 179D
29:44 - 34:48: Necessity of Planning
34:48 - 36:57: The Building Envelope
36:57 - 41:08: History & Use of 45L
41:08 - 43:24: Cautions of Seeking 45L 
43:24 - 48:17: Who is using 179D & 45L incentives?
48:17 - 50:38: Using Tax Credits & Incentives
50:38 - 55:18: Future of North Carolina Incentives
55:18 - 56:30: Wrap Up w/ Dawn
56:30 - 01:03:08: Q&A 1 - Are there any good courses you would recommend to help w/ learning real estate?
01:03:08 - 01:08:22: Q&A 2 - What do I do if my contractor won't finish the job?
01:08:22 - 01:12:41: Q&A 3 - What sector of real estate do you think will be most volatile in the short term?
01:12:41 - 01:13:59: Final Thoughts w/ Justin