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 loris
Joined: 30 Apr 2009
Posts: 1
1.36 Dollars($)
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 Posted: Thu Apr 30, 2009 5:55 pm Post subject: IRS 2009-2010 Energy Tax Credit for Furnaces/AC |
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| The credits available for qualifying purchases refer to installing in a qualifying dwelling unit "as a dwelling unit that is located in the United States and is used as a residence by the taxpayer." I live in my owner occupied duplex and am putting in qualified equipment for the credit in the unit that I rent. Do you know if I can claim this as a tax credit since it is going in the rented unit? I have found on other web sites that this qualify equipment will not be eligible for rental property however it does not clarify if "owner occupied" is eligible or not. |
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smithsussane
Joined: 18 Sep 2008
Posts: 4484
Location: Alaska
435.29 Dollars($)
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| Posted: Thu Apr 30, 2009 8:13 pm Post subject: |
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Hi loris!
Welcome to forums!
It is correct that rental properties do not qualify for tax credit. However, as yours is a owner occupied rental property, I think, you may get the benefit of the tax credit. I would suggest you to contact a tax adviser and take his opinion on this issue. He will be the best person to help you out.
Feel free to ask if you have further queries.
Sussane |
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Realgeni
Joined: 13 Apr 2009
Posts: 1434
99.76 Dollars($)
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| Posted: Fri May 01, 2009 2:44 pm Post subject: |
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I think Smith is correct.
Since it is owner occupied it may qualify. |
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