solar TAx credits
Transfers

Tax Credits are the Holy Grail for Income Taxpayers.  

The Inflation Reduction Act of 2022, the largest climate bill in history, created the ability to transfer renewable energy tax credits.  

Here’s an example:

A commercial property owner named John Smith invests in a 100 KW solar system to help offset his electric bills in 2024.

John finances the system, signs a contract for $500,000, and receives a 30% Federal Income Tax Credit at the IRS worth $150,000, therefore, the next $150,000 of income taxes are paid in full.

Since John pays low-income tax, he cannot recoup the $150,000 tax credit back the first year; it is sitting at the IRS waiting for him to pay income taxes.  

John has three options to consider:

   1.   Recoup the tax credit with taxes he paid over the last three years

   2. Transfer and sell his tax credit to another party and get some cash for his dead tax credit asset.

   3.  Hope to use the tax credit by winning the lottery or future earnings.

Tax Credit Buyers will gladly pay John 80-90 cents on the dollar for his tax credit to reduce income tax liability created from Passive or C-Corp Income.

If you are interested in buying or selling tax credits, please fill out the form below.