Solar ITC cuts IRS taxes 50% on 2024 real estate, stock, or business sales.

IRS code sections 46, 48 and 50

Solar ITC cuts IRS taxes 50% on 2024 real estate, stock, or business sales.

IRS code sections 46, 48 and 50

Our Compelling Value

We combine three key elements: 1) solar Investment Tax Credits (ITC) along with accelerated depreciation, 2) patent-pending green technology used by developers who have created billions in property developments, and 3) top 1% tax attorneys.

Our recently enacted solar investment tax offset program reduces federal taxes by more than 50% on real estate, stock, or business sales in 2023, 2024, or 2025.

MINIMUM FEDERAL TAX LIABILITY IS $ 5 MILLION.

MAXIMUM TAX LIABILITY IS $ 2 BILLION (PER CLIENT).

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Highly Superior to 1031

We can help your CPA or CFO reduce federal taxes by 50% on any asset sale in 2023 or 2024.

How is this possible? By utilizing IRS code sections 46, 48, and 50, along with the Solar Investment Tax Credit (ITC) and accelerated depreciation.

This method is similar to a 1031 exchange but provides an immediate 40% tax savings.
Your cash flow improvement, compared to 1031, is the total of your 40% tax savings, your initial investment (basis), and any net after-tax gains.
There are no 'like-kind' rules or 180-day deadlines to follow, so you can freely spend or invest all your sales proceeds in #2 after "paying" only 60% of the federal tax.
Instead of paying 60% of your federal taxes, you instead invest in a solar project that often includes affordable housing or solar greenhouses.

What We Do

Our turnkey solution integrates patent-pending construction technology with master planners who have developed billions of dollars in real estate projects globally and tax attorneys who will educate your CFO or CPA.
We are providing solar ITCs and often combining it with affordable housing incentives.
We offer great flexibility to meet the goals of both real estate developers and investors in how you can be involved.

IRS (IRC) code Sections 46, 48 and 50

The base tax credit rate is as follows.

Section IRC 46

Total Amount of General Business Credit

Section IRC 48

IRC 48(a)(2) - Base rate of 6% for energy property
IRC 48(a)(9)(A)(i) - 5x's base rate to 30%
IRC 48 (a)(12)(C)(ii) - Domestic Content Bonus of 10%

Section IRC 50

IRC 50(a) Recapture
- Disposed of one full year after being placed in service 100%
- Disposed two full years after being placed in service 80%
- Disposed three full years after being placed in service 60%
- Disposed four full years after being placed in service 40%
- Disposed five full years after being placed in service 20%
IRC 50 (c) Basis Adjustment to ITC Property 50%

Context

In the Internal Revenue Code (IRC), Section 46 defines the "amount of credit" for various investment tax credits, including the energy credit found in Section 48; Section 48 outlines explicitly the rules for claiming the energy credit, and Section 50 provides additional special rules regarding the calculation and application of these credits, particularly concerning situations like sale-leasebacks and certain types of taxpayers.

Key points about each section:

Section 46:
- Acts as a catch-all section to determine the total amount of investment tax credit a taxpayer can claim in a given year by summing up various eligible credits, including the energy credit (found in Section 48).
- Specifies that the amount of the credit is calculated based on the "qualified basis" of the eligible property placed in service during the taxable year.
Section 48:
- Primarily focuses on the "energy credit," which provides a tax credit for investments in qualified energy property like solar panels, wind turbines, and fuel cells.
- Defines the "energy percentage" which is applied to the basis of the energy property to determine the credit amount.
Section 50:
- Contains various special rules that apply to the calculation of investment tax credits, including rules related to leased property, cooperatives, and situations where a taxpayer might try to manipulate the credit through sale-leaseback arrangements.

Visit our page showing that 30% of Texas's and 40% of California's electrical grid comes from renewable sources.

Solar ITC cuts IRS taxes 50% on 2024 real estate, stock, or business sales.

Solar ITC cuts IRS taxes 50% on 2024 real estate, stock, or business sales.

Our Compelling Value

We combine three key elements: 1) solar Investment Tax Credits (ITC) along with accelerated depreciation, 2) patent-pending green technology used by developers who have created billions in property developments, and 3) top 1% tax attorneys.

Highly Superior to 1031

What We Do

IRS (IRC) code Sections 46, 48 and 50

The base tax credit rate is as follows.

Context

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