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loris · Joined: 30 Apr 2009 Posts: 1 1.36 Dollars($)

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.

smithsussane · Posted: Thu Apr 30, 2009 8:13 pm Post subject:

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

Realgeni · Joined: 13 Apr 2009 Posts: 1434 99.76 Dollars($)

I think Smith is correct.

Since it is owner occupied it may qualify.

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IRS 2009-2010 Energy Tax Credit for Furnaces/AC