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Old 12-13-2016, 01:02 PM
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Business Install of Solar Panels on Residence

I'd like to know if there is any issue with the following scenario:

I own an S-Corp. LLC and we lease our production space in a town adjacent to my personal residence. Can my LLC pay for the installation of solar panels on the roof of my personal residence? The LLC would be allocated 100% of the benefit (future solar tax credits) so there would be a benefit to the business. Would the install of the solar panels be a legitimate business expense for the business?



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