RENT Magazine Q2 '24

IT’S LIKE HITTING THE TAX BENEFIT JACKPOT.

THE INVENTOR OF GZT

Why did they choose Greens Zip Tape TM ? It transforms structural assets into personal property, unlocking accelerated depreciation and additional tax benefits. While cost segregation typically provides five to eight percent of your building cost in tax benefits, Green Zip Tape TM adds another five to ten percent on top of that. It’s like hitting the tax benefit jackpot. Congress, the tax writing body of the US, declared movable and removable partitions are personal property and have a five-year depreciable life. This means that not only the board and paint can be accelerated, but also the wiring, windows and piping within those walls can be accelerated to, worst case, a 20% per year write-off. What would a nearly 20% write-off mean to your profit picture? Bonus depreciation has been fading away at 20% per year, but we’re confident that Congress will renew the 100% bonus this year. That will maximize the benefits of Green Zip Tape TM . HOW TO UNLOCK ADDITIONAL TAX BENEFITS

W. Frank Little followed the footsteps of his professor, who studied under Frank Lloyd Wright, using “organic” architecture now called “sustainable”. His product was well received, but marketing the product was difficult. It was good for the environment, and people wanted to use it, but it did not excite builders because it lacked the financial benefit they sought. The task was to make sustainable architecture profitable for builders. The inventor became involved with Texas A&M and was given the title of Mid-Career Fellow. He ran their corporate architecture department, where his love of sustainable architecture morphed into the profitable and sustainable product it is today. Now some of the largest companies in the world use Green Zip Tape TM . Firms like International Paper, Bank of America, Koch, and Embassy Suites. Notably, Chevron configured 18 of the 88 floors in their Houston building within two years and CBRE has completed over one hundred projects.

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