Year End Tax Deductions, Great Lease Options

Section 179, A Way To Reduce Your Tax Liability

Section 179 is a federal income tax provision that allows small businesses to deduct the full 100% value of their capital asset purchases in the year of acquisition. The great thing about a lease purchase is you qualify for the full deduction,  even if you haven't paid the full value of the asset yet!

The Section 179 deduction is available for both new and used equipment and can allow you to write off the full value of acquired asset(s) even if you used leasing or financing to make the acquisition.  

Modular Solutions, Ltd has been working with companies like LEASE SMART  to find great lease and lease purchase programs for new and used modular buildings.   

The 2016 limit for your Section 179 deduction is $500,000, and it's important to have the equipment delivered and working before the end of the tax year, to qualify for the 2016 exemption.  Check with your income tax adviser and ask whether Section 179 is right for you.  

For more information contact our team:

Modular Solutions, Ltd

Phone: 800-441-8577 x 1 (Sales)

Email:  Information@mod-sol.com

Website: www.modularsolutionsltd.com

You Tube Video Channel: https://www.youtube.com/user/Modularsolutionsltd

Want A Lower Energy Bill This Summer?

Preconstruction Tips: How To Build A More Energy Efficient Modular Building:

Tip 1:

Awnings or porches covering the main entry can help block direct sunlight and assist with cooling the temperature of the modular building.   Porches can be made from varied materials and blend in with the modular building or stand out to make a statement. Choosing a reflective coating or color will help reduce the heat even further.

Tip 2:

Choose an energy efficient exterior finish such as EIFS or Stucco that includes additional insulation value in the process of the finish installation.  Heat gain is reduced with this step.

Tip 3:

There are many choices for mechanical systems in the marketplace today.  Making an educated choice based on the life cycle and operational costs of the equipment will have a huge impact on your monthly utility bill.  We have many articles in this blog on mechanical system choices, and how to get the best value for your investment.

Tip 4:

Strategically placed landscape will always make a difference in the daylight heat absorption factor.  Planting cooling trees and bushes to shield the building, while being mindful of the roots and watering impact to your building.   There are many great plants that are specifically used for their cooling effect.

Tip 5:

Modular building orientation is critical to how much heat can penetrate the building during the daylight hours.  When doors or windows are facing direct sunlight even the most efficiently designed modular building will have trouble keeping cool. 

For more information contact our team:

Modular Solutions, Ltd

Phone:  800-441-8577 x 1 (Sales)

Email:  Information@mod-sol.com

Website:  www.modularsolutionsltd.com