Investors & landlords

Unfortunately, you cannot claim the Energy Efficient Home Improvement Credit because the IRS requires the property to be used as your own residence to qualify. Since the home is used as a rental, even on a not-for-profit basis, it is ineligible for this specific consumer tax credit. However, you may still be able to add the cost of the HVAC system to your property's cost basis, which can provide a tax benefit when you eventually sell the home.