About Warren Kirshenbaum

Warren is the President and CEO of the Cherrytree Group, a tax credit consulting, brokerage, and syndication firm.
Warren Kirshenbaum

Investment Tax Credits vs. 1031 Exchanges: which strategy is best for you?

Tax planning options are varied and complex — almost as if they were designed with some sort of mischievous intent. The Internal Revenue Code is a labyrinth of hard-to-decipher regulations intended to minimize tax sheltering and avoidance. Books could be written about the complexities — if it weren’t that those books would be out of [...]

Investing in Tax Credits saves money — and is a prudent COVID hedge.

As we all work quickly through our business day, there’s a tendency to use shorthand to describe various financial instruments, initiatives and strategies. We all do it. But sometimes the meanings can become lost. In recent interactions with our clients, I have noticed some confusion between the phrases: “tax credit investment,” “working capital needs” and [...]

Connecticut Solar Portfolio

A Solar Investment Tax Credit allows investors to deduct 26% of installation costs from federal taxes, which applies to all residential and commercial systems. Cherrytree worked with the renewable energy developer MSL Group to successfully complete multiple projects across Connecticut. Together, these projects will realize over $2.75 million in tax credits and $8 million [...]

Low-Income Housing Western MA

Creative financial planning breathes fresh life into historic districts in two Massachusetts towns. Several abandoned buildings located within historic districts in Millers Falls and Turners Falls were preserved by the projects, undertaken by Pioneer Valley Redevelopers and Obear Construction Company. In all, 12 affordable housing units were created, along with two residential units, three [...]

Historic Rehabilitation Worcester, MA

A 95-year-old six-story office building in the second largest city in Massachusetts is being converted into commercial space on the lower two levels, with residential units throughout the remainder of the building. The 20,000 square feet has a steel structure with cement floors, elevator, and lime stone facade. Finishes include all mahogany doors [...]

Explanation on Opportunity Zones and Tax Credits

By Warren A. Kirshenbaum Within the Tax Cuts and Jobs Act of 20171 (the “Tax Reform Legislation”), was a provision that initially did not generate much interest and excitement, but it may be one of the most significant tax reform codifications that we have seen in decades. View This White Paper [...]

Go to Top