Tax Incentives for Green Improvements:

18th June, 2010 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

Check of course with your own tax specialist but in a recent article published in … the federal code also allows a deduction of up to $1.80 a square foot for improvements to make commercial property more energy-efficient.  The upgrades must improve interior lighting systems, heating, cooling, ventilation and hot water systems, of the building envelope.  The dollars can be substantial.  A landlord with a 50,000 square foot commercial building who upgrades lighting, building envelope and HVAC systems could achieve a $90,000 tax deduction.”

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