I have a customer that is interested in putting PV on a residential
rental property. Does this qualify?
At 08:31 AM 7/30/2013, you wrote:
The obvious disclaimers of course apply to this message...
The only time a customer would find out that they were "disallowed"
is if they are audited, right?
Anyway, from the 5695 form sent out earlier, emphasis added:
"Qualified solar electric property costs. Qualified solar electric
property costs are costs for property that uses solar energy to
generate electricity for use in your home located in the United
States. No costs relating to a solar panel or other property
installed as a roof (or portion thereof) will fail to qualify solely
because the property constitutes a structural component of the
structure on which it is installed. The home does not have to be
your main home."
"Main home" appears to be an issue only for fuel cell installations
and Part II of the form (PV credit is in Part I).
Home is defined as "A home is where you lived in 2012 and can
include a house, houseboat, mobile home, cooperative apartment,
condominium, and a manufactured home that conforms to Federal
Manufactured Home Construction and Safety Standards. "
It sounds like the house in Jesse's situation would qualify. A tree
stand would not.
On 2013/7/29 19:40, Larry Crutcher, Starlight Solar Power Systems wrote:
We install hundreds of RV power systems, as high as $18,000 cost,
and tell all of our customers about the tax credit. Many have
reported back that they were allowed the tax credit. No one has
ever told me it was disallowed. Some customers are full time, some
only use the RV occasionally.
Larry
On Jul 27, 2013, at 4:41 PM, Jesse Dahl
<<mailto:dahlso...@gmail.com>dahlso...@gmail.com> wrote:
So, has anyone had a customer install a ITC eligible system on a
second "residence" and claim the credit?
Jesse
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