Spirit Realty Group, LLC
Spirit Realty Group, LLC
Email: [email protected]

🚨HOMEOWNER TAX TIP🚨 NEW Energy Efficient Home Improvement Credit

by Spirit Realty Group, LLC 02/20/2023

🚨HOMEOWNER TAX TIP🚨

We want to confirm that our clients are aware of the best tax strategies when it comes to real estate ownership and investments! 

 

Inflation Reduction Act-New Energy Related Credits 

NEW Energy Efficient Home Improvement Credit:  (added on December 22, 2022) 

If you are replacing your exterior windows and skylights, exterior doors, insulation materials or systems and air sealing materials or systems, central air conditioners, water heaters, furnaces, hot water boilers, heat pumps, or completing home energy audits, you may qualify for the Energy Efficient Home Improvement Credit!

Visit energystar.gov for more information! 

IRS FACT SHEET: IRS-FS-2022-40 

https://www.irs.gov/pub/taxpros/fs-2022-40.pdf

IRS RESIDENTIAL ENERGY CREDITS: Form 5695 

https://www.irs.gov/pub/irs-pdf/f5695.pdf

As always, check out our website or give us a call for more information! Also, we highly advise that you use this information for a great conversation with your accountant!