Need Assistance with Your Allocation Letter Request? Browse through our FAQs to find answers to your questions.
What allocation percentage or amount should I request?
You can request up to 100% of the 179D deduction, but it cannot exceed the total cost of the project. If you are unsure, you can select 100%, and our team will help you determine the appropriate amount.
You can request an allocation letter from the government entity or public institution that owns the building where the energy-efficient improvements were made.
AllocatePro simplifies the process of requesting 179D allocation letters by providing a platform to generate compliant requests and track their status.
Do I need to engage with a 179D provider prior to requesting my allocation letter?
No, you do not need to engage with a 179D provider prior to requesting your allocation letter through AllocatePro. Our platform can assist you throughout the entire process.
Can I request an allocation letter if construction is still in progress?
Yes, this will be a two-step process where AllocatePro helps you create a letter of intent to secure the allocation of the deduction, and once construction is complete, we will obtain the final allocation letter.
What is the best time to request an allocation letter?
The optimal time to request an allocation letter is immediately after winning the project bid and beginning design work by initially securing a letter of intent, followed by the final allocation letter upon project completion.
How is total square footage calculated for the 179D deduction?
Total square footage for the 179D deduction is calculated based on the gross floor area of all conditioned spaces within the building. If you need assistance, AllocatePro can help ensure accurate calculations and compliance.
How is total cost calculated for the 179D deduction?
Total cost for the 179D deduction includes all expenses related to the energy-efficient improvements, such as materials, labor, design, and installation. If unsure, AllocatePro can assist in accurately calculating these costs and ensuring compliance.
A 179D energy certification verifies that a building's energy-efficient improvements meet the required standards for the 179D tax deduction. Although it is not required to begin using AllocatePro, our team can assist you in obtaining this certification while securing your allocation letter or letter of intent.
Do I need to know the building owner representative to make my request through AllocatePro?
No, you do not need to know the building owner representative when submitting your allocation letter requests through AllocatePro. One of AllocatePro’s key features is its extensive database of contacts and processes, which helps you spend less time securing allocation letters or letters of intent.
The building owner representative can typically be the main project manager or anyone involved throughout the life of the project. AllocatePro can help identify and verify the right representative to ensure the allocation process is smooth and compliant.
