GOOD IDEA.Was just thinking about the solar power rebates on offer and how we can use them to our advantage.
what about this... Fit solar electric in the IP claim installation costs, Take over electricity bills from the tenant, claim electricity bills, make income on the sell back scheme. More to depreciate. put rent up because no electric bills for tenant, Also the value would go up as solar power is fitted.
Go on tear it apart!!
Yeah I know the tenant will have every electric appliance known to man. What about a threshold on the power consumed by the tenant?
Anything over a certain amount they have to pay?
what do you reckon?
First you have to have this as a PPR to claim rebates.
Only after it reverts to an IP will you be able to claim as you would under the tax system.
Not sure of the depreciation rate of Electric solar systems. That would be important
Work out the electricity use to be included in the rent and give the tenants a refund of rent when they use less electricity than a set amount, otherwise I cant see it working.
it would take a special tenant to agree to this and I think you wont end up with what you expect.