@Opus 17 wrote:That being said, I think the idea of depreciating solar panels over 5 or 7 years, instead of 27.5 years, is absurd.
You would have to report yourself as being in the business of making and selling energy, so that you could claim a business depreciation rather than a rental depreciation,
The law says that "equipment which uses solar energy to generate electricity" is five year property.
There is no requirement for it to be a "business" to be five year property; the five years applies to any solar that is subject to depreciation.
