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Thanks for all the feedback. After I submitted this, I did some
more searching and found this list of FAQs on the credit:<br>
<br>
<a class="moz-txt-link-freetext" href="http://www.efficientbuildings.org/about_the_provision.html">http://www.efficientbuildings.org/about_the_provision.html</a><br>
<br>
Although I have not yet gone to EPAct to confirm, this information
is inline with comments made by others. Here are the some
applicable FAQs along the lines of the questions I posed:<br>
<br>
<strong>What types of buildings will qualify? What types of
expenditures will qualify?</strong>
<p>Section 1331 of H.R. 6 provides that energy-efficient commercial
building property is defined as property that is:</p>
<ol>
<li>Installed on or in any building located in the United States
that is within the scope of Standard 90.1-2001, Energy Standard
for Buildings Except Low-Rise Residential Buildings, of the
American Society of Heating, Refrigerating, and Air Conditioning
Engineers and the Illuminating Engineering Society of North
America;<br>
</li>
<li>Installed as part of (i) the interior lighting systems, (ii)
the heating, cooling, ventilation, and hot water systems, or
(iii) the building envelope; and<br>
</li>
<li>Certified as being installed as part of a plan designed to
reduce the total annual energy and power costs of interior
lighting systems, heating, cooling, ventilation, and hot water
systems of the building by 50 percent or more when compared to a
reference building, which meets the minimum requirements of
Standard 90.1-2001 (which came into effect on April 2, 2003).</li>
</ol>
<br>
<strong>Are churches eligible for the deduction?</strong>
<p>No. Although religious buildings are in 90.1 and they don’t pay
taxes, they are not government buildings, so churches don’t
qualify. <br>
</p>
Thanks again for comments!<br>
-DR<br>
<br>
On 9/17/2010 3:17 PM, Rader, Matt wrote:
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<p class="MsoListParagraph" style="text-indent: -0.25in;"><!--[if !supportLists]--><span
style="color: rgb(31, 73, 125);"><span style="">1.<span
style="font: 7pt "Times New Roman";">
</span></span></span><!--[endif]--><span style="color:
rgb(31, 73, 125);"> It is not
available for non-profits of any sort, only government owned
buildings.
There is a white-paper out there saying that because they
don’t
explicitly omit non-profits from the rules that you can take
it until someone
says you can’t. My company has worked with Treasury on this
issue
(and a few other tax implications) and they have said that
it is outside the
scope of the deduction.<o:p></o:p></span></p>
<p class="MsoListParagraph" style="text-indent: -0.25in;"><!--[if !supportLists]--><span
style="color: rgb(31, 73, 125);"><span style="">2.<span
style="font: 7pt "Times New Roman";">
</span></span></span><!--[endif]--><span style="color:
rgb(31, 73, 125);">Multi family and
mixed use can qualify if the building is 4 stories or more
(all other building
types do not have a story requirement). Low-rise multi
family is left out
of the legislation. They did this to simplify since ASHRAE
does not apply
to low-rise buildings and low-rise buildings have their own
standard of
efficiency.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color: rgb(31, 73, 125);"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="color: rgb(31, 73, 125);"><o:p> </o:p></span></p>
<p class="MsoNormal"><b><span style="font-family:
"Arial","sans-serif"; color: rgb(31,
73, 125);">Matthew
Rader, LEED AP</span></b><span style="font-size: 12pt;
font-family: "Times New Roman","serif";
color: rgb(31, 73, 125);"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:
"Arial","sans-serif"; color: rgb(31, 73,
125);">Director,
Cost Segregation and Green Building 179D</span><span
style="font-size: 12pt; font-family: "Times New
Roman","serif"; color: rgb(31, 73, 125);"><o:p></o:p></span></p>
<p class="MsoNormal"><b><span style="font-family:
"Arial","sans-serif"; color: rgb(31,
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<p class="MsoNormal"><span style="font-size: 10pt; font-family:
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width="94"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:
"Arial","sans-serif"; color: rgb(31, 73,
125);">Corporate
Headquarters<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:
"Arial","sans-serif"; color: rgb(31, 73,
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Western Place, Ste 800<o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-family:
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<p class="MsoNormal"><span style="font-family:
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x133</span><span style="font-size: 12pt; font-family:
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<p class="MsoNormal"><span style="font-family:
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125);">Fax 817.731.2343<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color: rgb(31, 73, 125);"><a
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<p class="MsoNormal"><span style="font-size: 10pt; font-family:
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125);">Any tax advice contained in or attached to this email
was not
written to be used, and cannot be used, by any recipient:
(1) for the purpose
of avoiding any penalties that may be imposed by any
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authority or agency; or, (2) to promote, market, or
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<div>
<div style="border-right: medium none; border-width: 1pt
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padding: 3pt 0in 0in;">
<p class="MsoNormal"><b><span style="font-size: 10pt;
font-family:
"Tahoma","sans-serif";">From:</span></b><span
style="font-size: 10pt; font-family:
"Tahoma","sans-serif";">
<a class="moz-txt-link-abbreviated" href="mailto:bldg-sim-bounces@lists.onebuilding.org">bldg-sim-bounces@lists.onebuilding.org</a>
[<a class="moz-txt-link-freetext" href="mailto:bldg-sim-bounces@lists.onebuilding.org">mailto:bldg-sim-bounces@lists.onebuilding.org</a>] <b>On
Behalf Of </b>Nick Caton<br>
<b>Sent:</b> Friday, September 17, 2010 4:44 PM<br>
<b>To:</b> David Reddy; <a class="moz-txt-link-abbreviated" href="mailto:bldg-sim@lists.onebuilding.org">bldg-sim@lists.onebuilding.org</a><br>
<b>Subject:</b> Re: [Bldg-sim] EPAct tax credits for
private non-profits
andmultifamily<o:p></o:p></span></p>
</div>
</div>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Hi David,<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoListParagraph" style="text-indent: -0.25in;"><!--[if !supportLists]--><span
style="">1.<span style="font: 7pt "Times New
Roman";">
</span></span><!--[endif]-->Off the cuff (I haven’t delved
into non-profit
owners specifically) – I’m pretty sure the ability for a
building
owner/representative to re-allocate calculated deductions as
it’s defined
applies only to property owned by the (paraphrasing) “Federal,
State, or
local government entities.” I’m pretty sure this is spelled
out in the 2008 IRS notice. On the same token, I’d anticipate
any
designers claiming re-allocated deductions from non-gov’t
building owners
of any sort may have some trouble, as the IRS hasn’t
explicitly allowed
them to do so. A possible interpretation by an IRS auditor in
that case
may be that you’re trying to swindle a building owner out of a
benefit
explicitly intended to reward them first.<o:p></o:p></p>
<p class="MsoListParagraph" style="text-indent: -0.25in;"><!--[if !supportLists]--><span
style="">2.<span style="font: 7pt "Times New
Roman";">
</span></span><!--[endif]-->I would advise caution regarding
any residential
projects, again off the cuff without looking it up… EPAct is
much,
much more than efficient commercial building tax deductions,
and I could
definitely see potential for a problem if any overlap occurred
with
local/state/federal residential-specific tax breaks being
pursued simultaneous
to the section 179D commercial tax deductions you’re referring
to.
I’d advise re-visiting the original 2005 EPAct legislation to
see if
there’s any clarification regarding what exactly is
“commercial” for the purposes of section 179D.<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">That’s my take, hope it helps! I’d be
interested to hear your conclusions when all’s said and done,<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">~Nick<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><img id="Picture_x0020_1"
src="cid:part2.06020400.00050308@gmail.com"
alt="cid:489575314@22072009-0ABB" border="0" height="37"
width="119"><b><span style="font-family: "Stylus
BT"; color: rgb(45, 77, 94);"><o:p></o:p></span></b></p>
<p class="MsoNormal"><b><span style="font-family: "Stylus
BT"; color: rgb(45, 77, 94);"><o:p> </o:p></span></b></p>
<p class="MsoNormal"><b><span style="font-family: "Stylus
BT"; color: rgb(45, 77, 94);">NICK
CATON, E.I.T.</span></b><b><span style="font-size: 12pt;
font-family: "Stylus BT"; color: rgb(45, 77,
94);"><o:p></o:p></span></b></p>
<p class="MsoNormal"><span style="font-size: 7.5pt; color:
rgb(204, 153, 0);">PROJECT ENGINEER</span><span
style="font-size: 7.5pt; font-family: "Times New
Roman","serif"; color: rgb(204, 153, 0);"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size: 10pt; color:
rgb(45, 77, 94);">25501 west
valley parkway<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size: 10pt; color:
rgb(45, 77, 94);">olathe ks 66061<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size: 10pt; color:
rgb(45, 77, 94);">direct 913
344.0036<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size: 10pt; color:
rgb(45, 77, 94);">fax 913
345.0617<o:p></o:p></span></p>
<p class="MsoNormal"><i><span style="font-size: 10pt; color:
rgb(45, 77, 94);">Check out
our new web-site @ </span></i><span style="color: rgb(31,
73, 125);"><a moz-do-not-send="true"
href="www.smithboucher.com"
title="blocked::www.smithboucher.com"><span
style="font-size: 10pt;">www.smithboucher.com</span></a></span><u><span
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<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoPlainText">-----Original Message-----<br>
From: <a class="moz-txt-link-abbreviated" href="mailto:bldg-sim-bounces@lists.onebuilding.org">bldg-sim-bounces@lists.onebuilding.org</a>
[<a class="moz-txt-link-freetext" href="mailto:bldg-sim-bounces@lists.onebuilding.org">mailto:bldg-sim-bounces@lists.onebuilding.org</a>]
On Behalf Of David Reddy<br>
Sent: Friday, September 17, 2010 3:07 PM<br>
To: <a class="moz-txt-link-abbreviated" href="mailto:bldg-sim@lists.onebuilding.org">bldg-sim@lists.onebuilding.org</a><br>
Subject: [Bldg-sim] EPAct tax credits for private non-profits
and multifamily<o:p></o:p></p>
<p class="MsoPlainText"><o:p> </o:p></p>
<p class="MsoPlainText"> Has anyone investigated obtaining the
EPAct 2005
tax credit for EE <o:p></o:p></p>
<p class="MsoPlainText">commercial buildings for private
non-profits
(503(c)(3))? It seems like <o:p></o:p></p>
<p class="MsoPlainText">Section 3 in the 2008 amplification
notice is pretty
clear that the <o:p></o:p></p>
<p class="MsoPlainText">credit can be allocated for
government-owned buildings,
but does anyone <o:p></o:p></p>
<p class="MsoPlainText">have knowledge as to if this could apply
to a 503(c)
entity as well?<o:p></o:p></p>
<p class="MsoPlainText"><o:p> </o:p></p>
<p class="MsoPlainText">Also, would a) privately, or, b)
government-owned mid
& high-rise <o:p></o:p></p>
<p class="MsoPlainText">residential, or at least the
non-residential portions of
these <o:p></o:p></p>
<p class="MsoPlainText">buildings, be applicable? It seems if
90.1 covers
these structures, <o:p></o:p></p>
<p class="MsoPlainText">then the credit might be applicable too,
despite the fact
the title only <o:p></o:p></p>
<p class="MsoPlainText">indicates 'commercial'.<o:p></o:p></p>
<p class="MsoPlainText"><o:p> </o:p></p>
<p class="MsoPlainText">Any personal experiences or known
sources for
interpretations would be <o:p></o:p></p>
<p class="MsoPlainText">much appreciated.<o:p></o:p></p>
<p class="MsoPlainText"><o:p> </o:p></p>
<p class="MsoPlainText">Thanks,<o:p></o:p></p>
<p class="MsoPlainText">David<o:p></o:p></p>
<p class="MsoPlainText"><o:p> </o:p></p>
<p class="MsoPlainText">-- <o:p></o:p></p>
<p class="MsoPlainText">David Reddy<o:p></o:p></p>
<p class="MsoPlainText"><o:p> </o:p></p>
<p class="MsoPlainText">360 Analytics<o:p></o:p></p>
<p class="MsoPlainText">Building Energy Analysis Consultants<o:p></o:p></p>
<p class="MsoPlainText">mail: 12354 16th Ave
NE, Seattle, WA 98125<o:p></o:p></p>
<p class="MsoPlainText">office: 206.420.7918<o:p></o:p></p>
<p class="MsoPlainText">mobile: 206.406.9856<o:p></o:p></p>
<p class="MsoPlainText">web: <a class="moz-txt-link-abbreviated" href="http://www.360-Analytics.com">www.360-Analytics.com</a><o:p></o:p></p>
<p class="MsoPlainText">_______________________________________________<o:p></o:p></p>
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