Tax Breaks for Real Estate Extended (45L and 179D Energy Tax Incentives)

The real estate industry can now take advantage of energy related tax credits and incentives for projects through 2017.[1]  Specifically, on February 9, 2018, Congress retroactively extended the §45L and §179D energy tax incentives. This will allow our customers to maximize the value of energy incentives for their 2017 tax filing and, in certain cases, amend returns to claim missed tax breaks.

For Multifamily & Residential Developers: §45L ($2,000 per dwelling unit)

For each new or rehabbed energy efficient unit that is first leased or sold by the end of 2017, low-rise apartment developers and home builders may be eligible for a $2,000 tax credit. To learn more about §45L, please visit our §45L page.

For Commercial Buildings: §179D (up to $1.80 per square foot)

HVAC, lighting and envelope improvements made in commercial buildings to enhance energy efficiency in 2017 may be eligible for a tax deduction of up to $1.80 per square foot. To learn more about §179D, please visit our EPAct §179D page.

You can find the full text of the Bipartisan Budget Act of 2018 here.

How do you take advantage of these tax breaks?

RunBrook has helped its clients obtain millions in energy tax incentives. We are happy to provide a complimentary assessment to determine if your projects qualify and estimate what your deduction or credit may be. If you are a good fit, we can then provide necessary services and a certification report that your accountants and financial team can use to reduce tax liability.

Contact us if you have any questions or are ready to evaluate 2017 projects or projects in previous years.

RunBrook's consultants, energy modeling professionals, certified energy raters and field inspectors add more value per square foot by optimizing the sustainable design and construction process. For more information, visit:

[1] "Congress retroactively extends temporary tax breaks for real estate for 2017 in budget bill," February 9, 2018, Accounting Today,