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The Government Pays You For Home Upgrades? 45L Tax Credit EXPLAINED
Manage episode 484346882 series 2831232
Discover how the government will literally PAY YOU to make energy-efficient upgrades to your properties through the Section 45L tax credit. In this video, I reveal how my friend Zach accidentally qualified for $25,000 in tax credits on his 10-unit building - and how YOU can claim up to $5,000 PER UNIT on your projects!
🏠 This isn't just for big developers - it works for:
- New construction projects
- Major renovations and rehabs
- Single-family AND multi-family properties
- Properties that meet basic energy efficiency standards
Thanks to the Inflation Reduction Act, this incredible tax benefit is extended through 2032 with even BIGGER benefits than before!
💰 FREE 45L ELIGIBILITY CHECK: https://pages.teachingmillionaires.com/re
⏱️ CHAPTERS:
00:00 - Government Pays You To Invest In Real Estate
01:35 - The Hidden $5,000 Per Unit Tax Credit
02:35 - Section 45L Tax Credit Explained
04:15 - Tax Credits vs. Deductions: Real Numbers
05:44 - Qualification Requirements Breakdown
07:19 - Which Improvements Actually Qualify
08:22 - Using Tax Savings For Future Projects
#TaxCredits #Section45L #RealEstateInvesting
⚡️ Connect with Rich:
▶️ Subscribe for weekly financial insights: https://teachingmillionaires.com/youtube-subscribe
📱 Follow on Instagram: https://teachingmillionaires.com/instagram
✖️ X: https://teachingmillionaires.com/twitter
📘 Facebook: https://teachingmillionaires.com/fbgroup
🌐 Website: https://teachingmillionaires.com
🎧 Apple Podcasts - https://teachingmillionaires.com/apple-podcast
🎧 Spotify - https://teachingmillionaires.com/spotify-podcast
👥 About Rich Smith:
Rich Smith helps individuals and business owners optimize their wealth through smart financial strategies. With expertise in tax incentives and wealth preservation, Rich breaks down complex financial concepts into actionable steps.
📌 This video may contain links through which we are compensated when you click on or are approved for offers. The information in this video was not provided by any of the companies mentioned, and has not been reviewed, approved, or otherwise endorsed by any of these entities. I am not a financial advisor. The information I share is for educational purposes only and shouldn't be considered as certified financial or legal advice. It is imperative you conduct your own research. I am sharing my opinion only.
102 episodes
Manage episode 484346882 series 2831232
Discover how the government will literally PAY YOU to make energy-efficient upgrades to your properties through the Section 45L tax credit. In this video, I reveal how my friend Zach accidentally qualified for $25,000 in tax credits on his 10-unit building - and how YOU can claim up to $5,000 PER UNIT on your projects!
🏠 This isn't just for big developers - it works for:
- New construction projects
- Major renovations and rehabs
- Single-family AND multi-family properties
- Properties that meet basic energy efficiency standards
Thanks to the Inflation Reduction Act, this incredible tax benefit is extended through 2032 with even BIGGER benefits than before!
💰 FREE 45L ELIGIBILITY CHECK: https://pages.teachingmillionaires.com/re
⏱️ CHAPTERS:
00:00 - Government Pays You To Invest In Real Estate
01:35 - The Hidden $5,000 Per Unit Tax Credit
02:35 - Section 45L Tax Credit Explained
04:15 - Tax Credits vs. Deductions: Real Numbers
05:44 - Qualification Requirements Breakdown
07:19 - Which Improvements Actually Qualify
08:22 - Using Tax Savings For Future Projects
#TaxCredits #Section45L #RealEstateInvesting
⚡️ Connect with Rich:
▶️ Subscribe for weekly financial insights: https://teachingmillionaires.com/youtube-subscribe
📱 Follow on Instagram: https://teachingmillionaires.com/instagram
✖️ X: https://teachingmillionaires.com/twitter
📘 Facebook: https://teachingmillionaires.com/fbgroup
🌐 Website: https://teachingmillionaires.com
🎧 Apple Podcasts - https://teachingmillionaires.com/apple-podcast
🎧 Spotify - https://teachingmillionaires.com/spotify-podcast
👥 About Rich Smith:
Rich Smith helps individuals and business owners optimize their wealth through smart financial strategies. With expertise in tax incentives and wealth preservation, Rich breaks down complex financial concepts into actionable steps.
📌 This video may contain links through which we are compensated when you click on or are approved for offers. The information in this video was not provided by any of the companies mentioned, and has not been reviewed, approved, or otherwise endorsed by any of these entities. I am not a financial advisor. The information I share is for educational purposes only and shouldn't be considered as certified financial or legal advice. It is imperative you conduct your own research. I am sharing my opinion only.
102 episodes
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