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Huge Tax Savings WIth RaPower3-- renewable energy tax credits

Discussion in 'Business & Tax Advice' started by pottnuz, Apr 28, 2014.

  1. pottnuz

    pottnuz Newbie

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    Location:
    FLORIDA, USA
    Start Your Own RaPower3 Business


    RaPower3 Independent Business ownership is free and included with the purchase of at least one of our patented Solar Thermal Lenses. You must have a sponsor to buy.

    PRODUCT DESCRIPTION
    Patented industrial-use acrylic fresnel lens with wind-resistant bracing and attachment fittings for ready installment on IAUS solar towers in LTB, LLC solar thermal projects. Geared to generate thermal process heat temperatures of over 1,000 degrees F at focal point with a 95% efficiency rating and constructed to maintain structural integrity in winds of up to 90 mph. The solar thermal lenses come with a 35-year warranty.

    HUGE TAX BENEFITS
    RaPower3 Solar Thermal Lens owners may qualify for the Federal 30% Investment Tax Credit (ITC) under the category of "solar thermal process heat". Companies and individuals with home businesses who qualify as active particpants may also be entitled for a special 5-year depreciation with a 50% first-year bonus depreciation. Owners may also qualify for certain state tax incentives. Always check with your CPA or qualified tax preparer.

    COSTS
    Price: $3,500
    - Due Immediately: $105 - Pay by check within 15 days
    - Deferred: $945 - Due in 2015 with tax refunds/savings
    - We Finance the rest
    Financing
    Company financed: $2,450 (70%)
    Term of financing: 35 years

    Simple Interest: 1%
    Annual Payment: $82*


    RENTAL INCOME

    The payback of the down payment of $1,050 per solar lens takes only ten years just on the rental income alone. After these first ten years, the purchaser makes $68 per solar lens every year for the next 25 years. That?s $1,700 over and above the payback of the original down payment.

    Rental income details are specifically outlined in the Equipment Purchase Agreement along with the Operations and Maintenance Agreement. The Operations and Maintenance company agrees to rent your lenses for $150 per lens per year for 35 years. The purchaser gets to keep all $150 per lens for the first five years. Thereafter, the purchaser gets $68 out of the $150 and the remaining $82 goes to pay off the rest of the total purchase price.

    The Operations and Maintenance company can easily make the rental payments because the cost of operation is only a half cent per kilowatt hour.


    Bonus Income: Bonus Referral Contracts were issued in the past relating to the purchase of solar lenses. Purchases before May 23, 2011 have a maximum payout of $6,000 per lens based on .006% of the first billion dollars in gross sales of IAS (International Automated Systems). That?s a payback of almost six times the down payment for use of the purchased lenses for advertising purposes when the bonus is fully paid out.

    From May 24, 2011 to Feb. 29, 2012, the Bonus Referral Contract went to a maximum payout of $2,000 for each solar lens purchased on .002% of the first billion dollars in gross sales of IAS (International Automated Systems). That?s a payback of almost twice the down payment for use of the purchased lenses for advertising purposes when the bonus is fully paid out.

    From March 1, 2012 through Dec. 31, 2013, the Bonus Referral Contract went to a maximum payout of $2,000 for each solar lens purchased on .002% of the 2nd billion dollars in gross sales of IAS (International Automated Systems). That?s a payback of almost twice the down payment for use of the purchased lenses for advertising purposes when the bonus is fully paid out.

    Sponsors earn half the bonus monies paid to purchasers.


    Tax Benefits: Please note that this is not an investment. It is simply a purchase of solar energy property in the form of solar lenses. Therefore, there is no K-1 form, prospectus or securities issue.

    This is not a purchase of solar panels (photovoltaic) for a residence, but rather a purchase of Solar Lenses that will produce heat which could be used for a variety of purposes. These purposes could be to use the heat for a building or a greenhouse. The heat could also be used to heat water to create steam to turn a turbine and therefore be use to produce electricity.Taxpayers may be eligible for the 30% tax credit and the 50% bonus depreciation available in 2013. Each solar lens costs $3,500 and thus a $1,050 tax credit may be available (Use IRS tax forms 3468 and 3800). If so, the entire down payment could be paid back in less than a year.

    The depreciation is $2,975 per solar lens may also be available (Use IRS tax forms 4562 and Schedule C). If so, an in-pocket profit of another 50-65% could be realized on top of the tax credit. Typically, taxpayers may go back one year on the tax credit and forward twenty years on the tax credit. The depreciation and NOL (Net Operating Loss) is the same as any other business as far as going back and going forward. The generous tax benefits are part of the ARRA-American Recovery and Reinvestment Act meant to stimulate the solar energy industry along with much needed innovation.

    Links:

    • Tax Forms: 3468, 3800, 4562, Schedule C.
    • Solar Energy Industries Association (SEIA)


    Commissions: RaPower3 also has a network marketing component built into its business model. Everyone who purchases lenses is automatically placed under their sponsor and becomes a RaPower3 Team Member. As a RaPower3 Team Member, you may introduce our program to others and help them purchase lenses online. Commissions of five to ten percent of the down payment and rental fee are paid on Level One. Commissions of one percent are paid from levels 2-6.

    Some RaPower3 Team members have made many thousands of dollars through our commission program.