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As Builders Capital continues its efforts to be
The Builder’s Most Valued Relationship

We thought it would be helpful if we shared these changes in the tax code with you:

Congress has passed a bill extending more than 30 provisions in the tax code that had expired over the last two years. The “Taxpayer Certainty and Disaster Tax Relief Act of 2019” (Disaster Act) extends most of the provisions through 2020 and retroactively applies them to 2018. The most notable inclusions are the energy efficient home builder credit (§45L) and the energy efficient commercial building improvements deduction (§179D). The §45L tax credit is a $2,000 credit for each new or rehabbed energy efficient dwelling unit leased or sold by the end of 2020. Check with your tax professional to see how these tax law changes may affect your business.

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