Category: Deconstruction

In recent years, deconstruction has emerged as a powerful force driving sustainability in the construction and renovation industry. By prioritizing the careful disassembly and salvage of materials, deconstruction not only reduces waste but also contributes to the reuse and recycling industry. Crucially, one of the key drivers behind the increasing adoption of deconstruction by homeowners is the availability of financial incentives, particularly in the form of tax benefits. Here, we delve into how these tax benefits are helping propel the reuse and recycle industry forward while providing homeowners with compelling reasons to choose deconstruction over traditional demolition.

Are you a commercial property owner facing the daunting task of orchestrating a corporate clean-out or remodel? Are there perfectly reusable furnishings, appliances, desks, computers, cubicles, or cabinetry slated to be discarded now or in the future? Would you be open to learning the benefits of waste diversion and contributing to make this world a safer, greener place for generations to come? Would you also potentially like to save money in the process and feel good about your business choices?

The market for buying used building materials can vary depending on your location, but there are several common options to consider:

The IRS has recently announced that they will be concentrating staffing efforts towards High Net Worth (HNW) and pass-through entities. Individuals usually taking non-cash charitable donations are often HNW. It is critical that our clients and their CPAs and tax advisors understand the risks and the requirements for an IRS Qualified Appraisal produced by an IRS Qualified Appraiser.

The Green Mission Inc. has been working in the sustainable built environment for three years offering our clients IRS Qualified Appraisals. These appraisals are to substantiate the value of materials and property extracted during the process of deconstruction.

CPAs and tax attorneys often have clients taking non-cash charitable contributions for building materials and other property incident to a home deconstruction. Deconstruction involves the careful dismantling of a structure with the intent of salvaging materials for reuse in new structures.

The thrill of leaving a thrift store with a huge load of clothing, dishes, furniture, or appliances for a fraction of the price of buying new is fantastic! Finding a set of 150-year-old doors or a simple set of kitchen cabinets that can be painted to look like new and save thousands of dollars… gold!

By necessity, deconstruction typically costs more than demolition due to the additional time needed to carefully take apart a structure with the aim of preserving the salvaged elements—opposed to the break-and-dump processes of demolition. However, these costs can be offset through tax deductions.

The most effective way to protect yourself and ensure your appraisal is accurate, fully documented, and substantiates the value is to hire an educated and competent appraiser.