ILLMAS Posted March 3, 2017 Report Share Posted March 3, 2017 I would appreciate it if someone can help me with this scenario: TP paid $60K to have solar panels installed, back in 2015 TP was using 75% of the building for personal use, in 2016 it went from 75% to 50% personal use (residence), so I would have to take $60K x 50% = $30K x 30% (residential energy credit) = $9K, and on the Sch E I would just depreciate $30K over 5 or 7 years? Also in ATX which asset sub-category would I use for the business portion? Thanks Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.