Cohousing-L Mailing List: Re: Solar Panel Installation Financing

[Claire Richards (clairerichardsrn]

This looks like the most appealing option and I will look into this.
Thank you for all the great information and thoughts!

On Sat, Oct 28, 2023 at 8:58 AM Janet Murphy <janetmusicrn [at] gmail.com> 
wrote:

> Re: Solar Panel Installation Financing
> Don't forget that the interest you accrue on your reserve fund is taxable
> to the cohousing, and tax credits can likely be applied to that tax return.
> Arboretum Cohousing received a tax credit for electric car charging a few
> years ago. The federal credit for that not only wiped out the taxes for
> that year, we were able to use the remainder of the credit to offset other
> years. It was certainly simpler than having each member take a credit
> themselves. Having an accountant do our taxes really helped with this.
> Janet Murphy
> Arboretum Cohousing.
> _________________________________________________________________
> Cohousing-L mailing list -- Unsubscribe, archives and other info at:
> http://L.cohousing.org/info
>
>
>
>