Solar Panels Tax Strategy for STRs

[Josh Green]

Hey All!

Does anyone have any experience with, or knowledge of, using solar panels as a tax strategy for STRs?

I'm curious if there's more benefit to getting solar on an STR other than the idea of the energy cost savings being in excess of the debt service.

For example, could the debt be utilized in any way strategically from a tax perspective? Cost segregation? Depreciation? Deduction? Loss?

I can see the obvious benefit if the panels produce more savings than the cost to own, as well as utilizing tax credit incentives (ITC). However, if there's also a great tax angle, I would love to learn more.