SolarCapitalGroup

Thursday, June 13, 2013

Peril In 1603 Grants and Tax Credits?

I was talking to a solar investor this morning who knew of an individual that decided to invest in several solar tax credit partnerships.

Rather than take the timeline risk of waiting on 1603 Grants to be paid, which has become a bit of a mysterious endeavor, he chose to invest in partnerships which would offer “pass through” benefits of the solar Investment Tax Credit (ITC). This was back in 2010. Now, in 2013, the IRS has decided to review those Partnerships. Guess what? The IRS doesn’t agree with the Cost Basis created by the developers of the original Partnership. IRS has hit up this investor with demands for interest, fees, and of course, a huge amount of additional tax.

When investing in a Tax Equity Partnership, be sure the Developers are using market comparables, which come in conservatively, rather than aggressively. Otherwise---this picture above, could be you.

Jim Young

President

Solar Capital Group, LLC

512-565-7509

News & Blog: http://solarcapitalgroup.blogspot.com

Tuesday, November 6, 2012

VC DISPATCH | U.S. Venture-Capital Financings - WSJ.com

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VC DISPATCH | U.S. Venture-Capital Financings - WSJ.com
http://online.wsj.com/article/SB10001424052970204349404578101192890036584.html

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Wednesday, October 3, 2012

Skeet Shoot Success for Wounded Veterans

10/3/12

Austin, Texas

At the Central Texas CCIM Chapter luncheon today, Admiral Bobby Inman (left) and CCIM Chapter President Josh Hubka (left), presented Daniel Vargas, of Operation Finally Home with a check for funds raised at the CCIM Chapter Skeet Shoot. Operation Finally Home ‘s mission is to provide custom made mortgage free homes to wounded and disabled veterans and the widows of the fallen in an effort to get their lives back on track and become productive members of their communities.

Solar Capital Group was a sponsor of the skeet shoot. SCG President, Jim Young, also a commercial real estate agent, and CCIM Chapter Member, was given the honor of introducing Admiral Inman. A thank you to the CCIM Chapter for hosting the skeet shoot, and to SCG’s installers, and partners for making our financial support possible.

Jim Young

President

Solar Capital Group, LLC

512-565-7509

News & Blog: http://solarcapitalgroup.blogspot.com

Tuesday, September 25, 2012

Solar Capital Group Rebate Funding Program Benefits Las Vegas Women's Shelter

Press Release:

September 2012

Las Vegas, Nevada

Solar Capital Group, LLC’s utility rebate funding program provided, Las Vegas based, Service 1st Energy Solutions LLC, with construction funds for solar thermal installation at Shade Tree Women's Shelter. Solar thermal harnesses the suns energy to create hot water without the use of electricity or gas, thereby limiting building expenses.

---Click Here for Pics---

Or check out www.facebook.com/solarcapitalgroup for links.

Jim Young

President

Solar Capital Group, LLC

512-565-7509

News & Blog: http://solarcapitalgroup.blogspot.com

Monday, September 24, 2012

Press Release- SCG Funded Newly Completed Griffith School Solar -Las Vegas, NV

Austin, TX

9-24-12

Solar Capital Group, LLC funded Newly Finished 50kw solar system at Griffith United Methodist Church School in Las Vegas, Nevada.

Congrats to our clients Service1st Energy Solutions on another great install! ---link to Flickr Slides Here---

Jim Young

President

Solar Capital Group, LLC

512-565-7509

News & Blog: http://solarcapitalgroup.blogspot.com

Tuesday, August 21, 2012

Local Austin Installer - 1/2 MegaWatt Installs in DFW Area- Congrats!

Circular Energy Installs Nearly Half of a Megawatt of Solar Panels on Apartment Complexes in Dallas-Fort Worth

I have spoken at events here in Austin, regarding the Green energy business, its financial viability and ability to be applied in a commercial “money-making” setting. My favorite speech entitled, “Its Not (Just) About the Payback Period” makes the case the a commercial solar system installation can create an immediate savings to the Commercial Property Owner so as to have the immediate effect of making the property worth MORE than it was prior to the installation. In my dual role, as a solar finance company President, and commercial real estate agent, I’ve demonstrated the case that the increase in Net Operating Income or “N.O.I.” when applied to a given “cap rate” can show the immediate business case for a solar install. (Birkenstock sandals not necessary).

That said, local firm, Circular Energy deserves all the press they can get for this massive series of installations in DFW on apartment complexes.

Link Here: http://bit.ly/RAk6PU

Jim Young

President

Solar Capital Group, LLC

512-565-7509

News & Blog: http://solarcapitalgroup.blogspot.com

COTA seeks incentives for solar array at Austin track - Austin Business Journal

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COTA seeks incentives for solar array at Austin track - Austin Business Journal
http://www.bizjournals.com/austin/blog/morning_call/2012/08/cota-seeks-incentives-for-solar-array.html?ana=e_aus_rdup&s=newsletter&ed=2012-08-21

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