Monday, September 19, 2011

Save Thousands On Steel Buildings

Farmers can now take 100% bonus depreciation on new assets that qualify, including most new agricultural steel buildings, but only until December 31, 2011*

“Olympia has received several orders in the last several weeks from farmers taking advantage of the expansion of the Section 179 tax deduction to $500,000 and the introduction of 100 percent bonus depreciation for new assets bought after September 8, 2010, and before January 1, 2012,” stated Lucas Hocker, vice president of Olympia Steel Buildings.

According to Section 179 of the Federal Income Tax code, any new farm building purchased and placed into service during 2011 can qualify for the 100% bonus depreciation for federal income tax purposes. This includes a machine shed, a hay shed, a storage shed, barn, or a house owned by a C corporation.
While any new building on a farm can qualify for the 100% bonus depreciation, only single purpose agricultural structures such as a hog confinement facility or a greenhouse, a dairy barn, or horse barn with stalls can qualify for the Section 179 deduction.

Important! Only new farm buildings placed in service between September 9, 2010 and December 31, 2011 qualify for the 100% bonus depreciation. And any amount not deducted under Section 179 will be depreciated over seven years instead.

You need to act now! Call Olympia Steel Buildings 888-449-7756 right away, or visit our website to get an agricultural steel building price or farm metal building quote before time runs out on Section 179 Federal Income Tax deductions.

*Please consider meeting with a tax professional to evaluate tax implications for both past and future farm asset purchases.


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Friday, September 2, 2011

Steel Buildings Can Qualify For LEED Green Building Certification

Sustainable Pre-engineered Steel Buildings Can Qualify For LEED Certification

“Because steel buildings are naturally Green and because we want to do our part to be environmentally responsible, Universal Steel Buildings Corp., sole supplier of Olympia Steel Buildings has joined the U.S. Green Building Council to demonstrate our support of sustainable building practices and commitment to Green Building principles and design,” stated Arnold Davis, President of Universal Steel Buildings Corp.
Pre-engineered steel buildings and metal buildings systems are an innovative building solution featuring solid steel I-beam building construction and they are leading the way in the Green building movement, meeting Green building design goals with innovative building design, engineering and use of materials.

“Steel buildings are durable, cost effective, energy efficient, and Green,” asserts Davis.

There are many attributes that qualify pre-engineered steel buildings as sustainable, energy-efficient and Green. Pre-engineered steel buildings employ sustainable building design and construction. Steel building components are manufactured to precise specifications in a metal building factory using the highest grade commercial American made steel available. Modern American steel manufacturers employ energy efficient methods in steel production that help substantially reduce greenhouse gas emissions. The steel used in metal buildings manufacture has a high proportion of recycled content. Steel building construction does not require cutting down valuable old growth forests. When a steel building is razed to make way for new building construction, the steel can be recycled, not dumped into landfills as are asphalt shingles, concrete, brick and wood. Steel can be recycled over and over again without loss of the quality of the steel. More steel is recycled than all other recyclable materials combined. “Cool” paints for steel buildings and metal roofing reflect up to 70 percent of the suns rays acting as a thermal barrier to keep the inside of metal buildings cooler. Metal roofs can also save energy and the environment in cooler climates. A painted metal roof not only reflects heat in summer, but also retains heat inside the building on cool days, saving on heating costs and keeping the indoor environment healthy and comfortable in both summer and winter. 

“What this means to you, the customer, is that when you purchase an Olympia Steel Building, you will have the opportunity to save money and build Green with the latest in Green building technologies,” affirms Davis.  “You may qualify for energy credit under the Federal tax codes, and you will be able to apply for LEED certification for your building project.”


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