Tuesday, June 1, 2010

Green renovation tax credits

A story headline with the words tax credits in it seldom get me to click on it, but I wanted to share a story I read in Architect magazine. It gives the tax code info on a new credit home or building owners can get when you renovate your house to better your energy use. You have to get the house tested to see how well you did, but it seems like it could be valuable.

For architects: it says if the owner does not need/want the tax deduction, they can transfer it to their architect. For instance the govmt will not use it, or if a big land owner has other deductions and does not need it. A great idea to give the designer incentive to do good work too.

Story here: green renovation tax credits

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