The rental market is booming! With rising home prices and increasing demand for flexible living options, rental properties are more valuable than ever. As of 2019, renters made up over 36% of U.S. households. This
Building a new home is an exciting endeavor, but it can also be a significant financial investment. Fortunately, the federal government offers a tax credit program incentivizing builders and developers to construct energy-efficient homes. This
As climate change threatens our planet, renewable energy solutions like solar, wind and geothermal have become pivotal in reducing humanity’s carbon footprint. Tax credits play a major role in accelerating the adoption of these technologies
Sustainable development in real estate is no longer a niche market; it has become a central focus for the industry. The global green building materials market, for instance, was valued at USD 377.03 billion in
In today’s tech-driven landscape, smart building technologies have quickly transitioned from luxurious extras to fundamental must-haves. These systems are revolutionizing the way we manage key functions like energy usage, lighting, climate and security, whether it’s
When it comes to making homes and buildings more energy efficient, tax credits and deductions can provide helpful financial incentives. Two major options are the 179D tax deduction for commercial buildings and the 45L tax
The U.S. tax code is an evolving landscape, especially when it comes to sustainability and energy-efficient housing. That’s why IRS Notice N-2023-67 has become a focal point for professionals in the construction and real estate
On August 29, 2023, the IRS issued Reg-100908-23 to provide details on claiming bonus deductions or credits for energy efficiency (as outlined in the IRA bill) that require proof of prevailing wages and apprenticeship hours.
In the year since the Inflation Reduction Act (IRA) was enacted, a wave of optimism and innovation has swept across America’s energy landscape. This transformative legislation, aimed at fueling cleaner energy adoption and bolstering economic
The eco-conscious movement continues gaining momentum, and the IRS is lending a hand. With energy efficiency incentives like 45L and 25C tax credits, going green packs more financial punch than ever. Homeowners and builders have