ocelotjoy
Returning Member

Deductions & credits

Hi Robert,

 

Yes, I am counting their solar payments as "income" because I see the solar bill as a utility that they're covering like all the rest that they chip into for their part. I pay the majority of the solar loan payment, so your answer is helpful! I'll count the interest then as an eligible expense.

Do you think it's okay to have it go in the "utilities" section of rental property expenses? Or another category? And I shouldn't include the full solar monthly payment, right? Just the interest per month?

Thanks for answering these questions!