How Renewable Energy Tax Credits Can Reduce Your Tax Bill with Eric Gordon
Manage episode 465932557 series 3486025
Tax credits can dramatically reduce your tax liability, yet many overlook the benefits of renewable energy tax credits in commercial real estate. Join Eric Gordon as he explains how passive investors can leverage incentives from the Inflation Reduction Act, the benefits of solar tax incentives, and the difference between deductions and credits, offering essential insights for real estate investors, business owners, or anyone with passive income looking to enhance sustainability while saving money.
Key takeaways to listen for
- [03:19] How tax credits differ from deductions and how they impact tax liability
- [06:10] What are renewable energy tax credits, and how do they work?
- [14:26] Why the Inflation Reduction Act made tax credits more accessible
- [17:11] Who benefits most from renewable energy tax credits?
- [25:51] The importance of timing: when to place solar facilities into service
About Eric Gordon
Eric Gordon, Vice President of Professional Services at B•10 Capital, combines a robust background in accountancy with a wealth of experience in commercial real estate. After earning his CPA license while working as an auditor focused on construction and real estate clients at Deloitte in Boise, Idaho, Eric transitioned to the commercial real estate sector. There, he sharpened his expertise in due diligence, negotiations, and financing. His career took an interesting turn when he joined the executive team of a fast-casual restaurant chain, significantly aiding its growth from four to over 65 locations across eight states. At B•10 Energy, Eric applies his diverse skills to propel the firm’s professional services, while outside of work, he enjoys traveling, baseball, country music, and spending time with his family. Additionally, Eric actively engages in real estate investment, marrying his professional expertise with his personal interests.
Connect with Eric Gordon
- Website: B10 Energy
- LinkedIn: Eric Gordon
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