Cohousing-L Mailing List: Solution for tax credits

[Sue Donaldson (susalson]

We did this at Cornerstone Coho in Cambridge, MA.  If the HOA buys the
system, each member gets a tax credit according to their percent interest.
It's a chore to get everyone to apply for the credit, and then to collect
the amount of the credit everyone got; and some people didn't have
sufficient income to get the whole credit, so we so it wasn't 100%, but it
worked pretty well.  The tax credits can roll over to subsequent years if
income isn't sufficient to benefit in one year.

Sue Donaldson
(now at) Village HIll Cohousing, Northampton, MA