If you’re fortunate enough to be seeing strong profits this year and want a smart way to reduce your 2025 tax burden, a new IRS rule could work in your favor.
The Qualified Production Property Depreciation rule now allows you to immediately write off 100% of nonresidential real property used in industries like agriculture, manufacturing, chemical production, and refining.
Buildings That Qualify
- Agriculture
- Manufacturing
- Chemical Production
- Refining
For our Ag customers that could include buildings like:
- Machine Sheds (used for farming equipment or ag operations)
- Cattle Barns
- Horse Barns
-
Lined & Insulated Shops (used for equipment repair, maintenance, or ag production support)
Important Dates
To qualify for this tax deduction
- Construction must begin after January 19, 2025
- The building must be placed in service between July 4, 2025, and January 1, 2031
For more information check out: New Opportunities Around Qualified Production Property
Why Act Now
This tax benefit is active now, and the countdown has already started. Taking advantage of it means you can significantly reduce your taxable income while investing in a high-quality, long-lasting structure for your operation. Whether you need a new machine shed, cattle barn, horse barn, or a lined and insulated shop, our team can design and build a custom solution that meets IRS requirements for the 100% write-off.
Construction schedules fill up quickly, so the sooner you plan and secure your spot, the better your chances of qualifying for this tax deduction. Our experts will guide you through every step—from design and budgeting to ensuring your building is placed in service on time to meet the IRS deadlines.
Don’t wait to start saving thousands in taxes while building the space your farm or business truly needs. Contact Greiner Buildings today to talk with a project advisor and find out how your next barn or shed can qualify for this IRS tax deduction.