Energy Credit fro Residential Rental

[Kram BergGold]

I posted a question about the availability of an Energy Credit for solar installation in a residential rental.
As no one had a difinitive answer I contacted NATP. They sent me documentation that residential rentals do qualify for the energy credit on form 3468. Just thought I would pass this along.

[jimmcg]

I posted a question about the availability of an Energy Credit for solar installation in a residential rental.
As no one had a difinitive answer I contacted NATP. They sent me documentation that residential rentals do qualify for the energy credit on form 3468. Just thought I would pass this along.

Did they specify any cite to Code, Regs, or Case law which led them to this conclusion?

[solomon]

Did they specify any cite to Code, Regs, or Case law which led them to this conclusion?

It probably would fall under §48.

http://www4.law.cornell.edu/uscode/26/usc_sec_26_00000048----000-.html

Check the pending updates for all current updates.

[Kram BergGold]

more details

solomon is correct section 48.
See Federal Tax Coordinator put out by RIA.
L - 16414

What it says is although long term lodging facilities don't qualify for investment credit they do qualify for the energy section of form 3468.

The eay it is written I found this very hard top follow but I do believe that solar does qualify
for a credit on form 3468 for rentals.