My client had a solar energy system installed on a rental property. What type of asset is the solar energy system?

Forum|Forum|5 years ago
May 6, 2021
4 replies
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For depreciation purposes, what type of asset is a solar energy system installed on a rental property?

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dkh

Level 15

There's only two options Type of Asset - F rental furnishings or I - Rental Real Estate well maybe three because you could choose O - other

So if the neighbor came over and said "hey I really like your solar system can I buy it?" could it be removed and sold without tearing into the property? If no - then it is part of the real estate. Doesn't a solar system require lots of "plumbing" installation.