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  • 1.  solar panel installation tax break

    Posted 9 days ago
    Can a "snow bird" install solar panels on the winter home and get a tax break? He owns both homes-and does not rent out either home. He lives in the winter home 4 months/year. The IRS  instructions say "principle residence" qualifies for the tax break. Steve Hansen


  • 2.  RE: solar panel installation tax break

    Silver
    Contributor
    Posted 9 days ago

    ...lol.. looking for a loop hole to double dip hey...

    Principal or PRIMARY is kind of the interpretation. Putting "games" aside, one always has a primary residence over "the other". I believe that once you put one (solar) on your primary, that's it until you move to another. Then I believe you can claim solar on your "new" location home. Assuming you are speaking about the Federal tax credit, and not some states credit.



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