About

Mr. Salveson began his tax law experience in 1980 while working as a tax specialist at Coopers and Lybrand CPA (now Price Waterhouse Coopers). One of the tax assignments he received was to provide a legal review of new legislation that provided tax credits to builders and developers of affordable housing apartment building. His review led him to a new career where he used his skills as a tax attorney in the building and construction of affordable income housing financed in part by Low Income Housing Tax Credits (LIHTC).

35 years later, Kent has purchased, planned, built and remodeled more than 3,000 units of affordable income housing apartments, financed mostly through the allocation of Low Income Housing Tax Credits. Tax credit investors in these projects included major banks, utilities, and other public companies.

Over time, Mr. Salveson's construction interest and expertise grew to include the construction of houses, retail shopping centers, office buildings, industrial buildings and other types of property. He also become active in the management and sale of real property, consummating more than 4,000 transactions over a 35 year period.

The downturn in the real estate markets in 2007 required the development and implementation of new strategies, made possible by the American Recovery and Reinvestment Act of 2009. This legislation amended or added many areas of the Internal Revenue Code by providing tax credits as an incentive to owners of qualifying renewable energy property. Mr. Salveson has since founded Clear Sun, which has invested more than $2.2M to develop multiple renewable energy properties then sold to investors who received tax benefits sufficient to reduce their income tax obligation by 50%. The company and its client base is expanding rapidly.