Without addressing the OP's question I will say that real
estate rental activities are reported on Schedule E, not
Schedule C.

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"komobu" <curra...[at]gmail.com> wrote:

- quote -

It sounds like it is central air, so that becomes part of
the structure of the property and is depreciated over 27.5
years for residential real estate.

The residential energy credit is only for your primary home,
so rental property doesn't qualify.

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I was living abroad for the last 8 years and was renting out
my home. Last year I had to replace the AC Unit and the
total bill for that was $11000. This year I am back in my
home. How much of the 11000 can I deduct? I am guessing that
it would be a 7 year item so I could deduct approximately
1600. Or could it be classified as a repair and I write the
whole 11000 off at one time?

Also, I bought a really efficient unit so I could take
advantage of the 300 dollar Federal Tax Credit for
Residential Energy Efficiency. Can I take advantage of this
if it was for rental property? Any advice would be
appreciated

Pat

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