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Articles tagged with homeowner
A recent interpretation of the Inflation Reduction Act allows homeowners to use self-directed IRAs for commercial-style depreciation on residential solar systems. This approach integrates retirement savings with clean energy, providing tax efficiencies, investment diversification, and environmental benefits when executed with IRS compliance and expert advice.
As insurers pull back on solar roof coverage due to soaring claims, complex repairs, and regulatory inconsistencies, homeowners risk higher costs and barriers to adoption. Experts call for standardized installations, shared data, and partnerships to rebuild trust and support solar growth.
Homeowners can now potentially claim accelerated depreciation on solar installations by structuring them as business assets through property leasing to a dedicated entity. This approach combines with federal tax credits for enhanced savings, provided proper documentation establishes genuine business activity.
DIY solar offers energy independence, yet bureaucracy in Florida, Nevada, and Massachusetts transforms promising projects into expensive setbacks. Explore restrictive licensing, erratic permits, and utility obstacles that hinder homeowners, plus practical reforms to enable secure, self-led clean energy adoption.