Thank you for coming to this page to learn more about our RaPower3 Tax Benefit program on behalf of your client(s). The subjects discussed below are different topics that should be helpful in your research.

Please note: This is Not An Investment. It is simply a Purchase of solar energy equipment. Therefore, there is no K-I form, prospectus or securities issue. Your client will be issued a letter, at some point, stating that his/her systems have been Placed-In-Service.

This is not a purchase of solar panels for a residence, but rather a purchase of Alternative Energy Systems for commercial renewable energy projects. Energy is to be put on the grid to provide electricity to retail customers/utilities.

Finally, your client, as a result of the purchase, will have a side business either as a sole proprietor or as a LLC. In the event electricity is produced by your client's systems and an adequate power purchase agreement can be signed, income from these systems may be realized. Your client will also be a RaPower3 Distributor who will be qualified to sell systems to others and receive commissions. When commissions or income is received from the sale of power, RaPower3 will issue 1099 forms.

Your client, in purchasing systems, may be eligible for the 30% tax credit and the 50% bonus depreciation available in 2012. Each system costs $3,500 and thus a $1,050 tax credit per system may be available (Use tax forms 3468 and 3800). Your client may also be able to use the $2,975 depreciation available per system purchased (Use forms 4562 and Schedule C). Typically, you may go back one year on the tax credit and forward twenty years on the tax credit. The Depreciation and NOL is the same as any other business as far as going back and going forward. This is part of the ARRA - American Recovery and Reinvestment Act.

If you have questions after thoroughly going through all the information provided, feel free to e-mail me at greg@bfsmail.com.

Thank you,

Greg Shepard: RaPower3 Chief Director of Operations

Bryan Bolander is our Utah RaPower3 CPA and does taxes for RaPower3 Team Members from all over the country. Bryan is a brilliant CPA and will be one of our speakers at our RaPower3 2012 National Convention. Bryan graduated Magna Cum Laude from the University of Utah in 1977 and passed the CPA exam on his first sitting. Mr. Bolander also served several years ago as the President of the Utah Association of CPA's.

His email is bryan@vcb-cpa.com