Solar Shingles - effect on RE Investing?

[Timothy Doenges]

Hey all, I was doing some reading on Tesla’s solar shingles (https://www.tesla.com/solarroof), and one of their selling points is that they can cut energy costs by 40-60 percent, and government incentives for solar energy can cut the installation cost down to near the cost of normal roof installation. My question is if the tax incentive for energy efficient home improvements counts for primary residences only, or if it works with investment properties too? Another question is if anyone had had experience using these on any investment property that needs a roof, whether flip or BRRRR? For flips, would a solar roof with lower energy costs and added tax savings be a selling point in some markets? For a BRRRR needing a roof, could this lower monthly expenses and help capture higher cash flow by reducing taxes? Finally, could this be a value-add on large MFs by lowering NOI?

[Jay Hinrichs]

I looked into these the capital expense of buying them is about 10 times that of a comp roof.

takes amny years to recoup.. i am thinking though of using them on a 2 mil spec I am doing.

I also own 2 Teslas' and love the company and the car.. I have an X and an S and deposit on a  3 I am sold on electric cars