What the Inflation Reduction Act means for the real estate and construction industries
The Inflation Reduction Act (IRA) has created game changing opportunities for the real estate and construction industries through energy incentives and tax credits. Learn more by watching our three on-demand webinars below.
Four provisions real estate companies need to know from the Inflation Reduction Act
This on-demand webinar focuses on impacts from the Inflation Reduction Act (IRA) for the real estate industry. The IRA has created game changing opportunities for real estate companies through $270 billion in energy incentives. Real estate companies receive benefits from these energy incentives as they provide a direct offset to federal tax liability in the form of tax credits. This on-demand webinar will dive into the four main provisions in the IRA that impact real estate the most, including:
- Section 179D: Deduction for energy efficient commercial building property
- Section 48: Investment tax credit for energy property
- Section 30C: Alternative fuel vehicle refueling property
- Section 45L: New home energy efficient credit
Viewers will also learn:
- The benefits real estate companies could achieve by looking into the four provisions
- How real estate companies can enhance current development plans with these credits
Presenters:
- Mike Kamienski, National Real Estate Practice Leader | Baker Tilly
- Chad Resner, Director | Baker Tilly
Check out our article recapping Four provisions real estate companies need to know from the Inflation Reduction Act
The multifamily housing guide to the Inflation Reduction Act
The Inflation Reduction Act (IRA) is the largest energy incentive effort in U.S. history with more than 70 credits included in the act. Watch this on-demand webinar dissecting the provisions that impact the multifamily housing industry including Section 48 (solar), 45L energy efficiency credits and electric vehicle charging stations. The presenters also discuss the process and requirements for qualifying for these credits and what it means for your utility usage, potential benefits and savings.
Presenters:
- Don Bernards, Principal | Baker Tilly
- Chad Resner, Director | Baker Tilly
- Joel Laubenstein, Principal | Baker Tilly
Did you have questions while watching the webinar? Check out this article answering burning questions asked by attendees during this webinar
What the Inflation Reduction Act means to the construction industry
The Inflation Reduction Act of 2022 (IRA) provisions aim to help reduce greenhouse gas emissions across the range of fuel types, energy producers and energy users. Tax credits have been extended, enhanced and increased in size for energy efficiency, energy generation and decarbonized fuel production projects, electric vehicle (EV) infrastructure, manufacturing facilities and certain critical minerals essential for clean energy technologies. The IRA also creates the opportunity to transfer credits or receive direct payments from the IRS. While supporting energy-related construction projects, IRA has a meaningful emphasis on jobs and earnings growth, domestic content and environmental justice.
If you’re a contractor, you’re probably wondering:
- What is the opportunity for the construction industry to push projects forward?
- What do I need to do to be compliant with those projects?
- How do I make my company a preferred contractor to energy project developers?
During this on-demand webinar, our presenters cover:
- Prevailing wage and registered apprenticeship requirements
- Domestic content requirement
- Supply chain certification
- Compliance with the legislation
- Frequently asked questions
Presenters:
- Laura Cataldo, Director | Baker Tilly
- Anthony Ollmann, Principal | Baker Tilly
The information provided here is of a general nature and is not intended to address the specific circumstances of any individual or entity. In specific circumstances, the services of a professional should be sought. Tax information, if any, contained in this communication was not intended or written to be used by any person for the purpose of avoiding penalties, nor should such information be construed as an opinion upon which any person may rely. The intended recipients of this communication and any attachments are not subject to any limitation on the disclosure of the tax treatment or tax structure of any transaction or matter that is the subject of this communication and any attachments.
