The 45L is a tax credit available to builders and developers who financed the construction of energy efficient homes and then sold or leased them.
The 45L Energy Efficient Tax Credit is a tax credit for residential properties that meet specific energy efficiency guidelines. The tax credit is $2000 per dwelling per unit and can be claimed by the builder/developer(s) of energy efficient of homes.
Single-family and multi-family dwellings for sale, lease/rent which are three stories or less.
No. The 45L tax credit is not like utility rebate programs which require the entire project to qualify.. The tax credit is per dwelling, per unit.
Yes. The unused credit can be carried forward up to 20 years.
No. While some energy efficient building materials might cost more, the financial incentives of the tax credit plus the increased equity and lower utility costs for the occupants are worth it in the long term. The tax credit aims to encourage builders to use energy efficient materials.
Yes. In most cases tax filings can be amended up to three (3) years from the date of the tax filing.
Yes. Not only is ARCXIS a qualified 45L Energy Efficient Tax Credit rater and certifier but also is the largest rating provider in the U.S. With over 100 combined years of industry experience and the expertise of hundreds of professionals, we are dedicated to the success of our builder clients.