Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

Solar installation on rental property

ingridsorenson
Level 3

My client purchased solar panels for his rental property. Can I use ITC? Can I depreciate the cost?

0 Cheers
1 Solution

Accepted Solutions
TaxGuyBill
Level 15

Yes.

Yes, but 1/2 of the credit reduces Basis.

View solution in original post

1 Comment 1
TaxGuyBill
Level 15

Yes.

Yes, but 1/2 of the credit reduces Basis.