For anyone who might be interested... It appears that hotels and motels run as busninesses are eligible for the 1603 grant. Below is the response from Treasury to my inquiry on the matter. Cheers, Matt Lafferty From: 1603questi...@do.treas.gov [ <mailto:1603questi...@do.treas.gov> mailto:1603questi...@do.treas.gov]
Sent: Tuesday, December 15, 2009 10:38 AM To: youaregonnahavetoguess <mailto:youaregonnahavetogu...@gmail.com> @gmail.com Subject: RE: Eligibility Question Matt Lafferty-- Thank you for your email question. Page 2 of the Program Guidance at <outbind://8/www.treas.gov/recovery/1603.shtml> www.treas.gov/recovery/1603.shtml indicates that qualified renewable energy property is eligible to be placed in service at locations used in a trade or business or held for the production of income. Hotels and motels would seem to fit as a business. **** The response contained in this email is for informational purposes only. It does not necessarily represent the final views of the US Department of Treasury or the Section 1603 program and is therefore not binding. **** -----Original Message----- From: Matt Lafferty [ <mailto:youaregonnahavetogu...@gmail.com> mailto:youaregonnahavetogu...@gmail.com] Sent: Monday, December 14, 2009 10:50 AM To: 1603 Questions Subject: Eligibility Question Hi, Are hotels and motels eligible for the 1603 Grant? The business is a privately held corporation. Thanks! Matt Lafferty _____ From: Matt Lafferty [mailto: youaregonnahavetoguess <mailto:youaregonnahavetogu...@gmail.com> @gmail.com] Sent: Tuesday, December 15, 2009 6:38 AM To: RE Markets List Subject: Hotel Exclusion? Marketeers, A question was raised yesterday on the RE-Wrenches list about whether or not hotels are eligible for the Federal Grant for the installation of solar. As it turns out, my wife is currently working with a family-owned, non-tribal, motel to design PV and Solar Thermal systems. Neither she nor I were aware of any exclusions which would apply to this type of business. Can anyone here shed any light on this? If they are not eligible, a pointer to the applicable section would be greatly appreciated. Thanks in advance! Matt Lafferty From: re-wrenches-boun...@lists.re-wrenches.org [mailto:re-wrenches-boun...@lists.re-wrenches.org] On Behalf Of Michael Gullo Sent: Sunday, December 13, 2009 10:53 PM To: RE-wrenches Subject: [RE-wrenches] Hotel exclusion Hi All, I was bidding a job for a hotel down the shore here in South Jersey and when the owner called a competitor for a second bid, he was told that hotels were excluded from the Federal tax grant. Has anyone heard of this or better yet has anyone completed a hotel this year? Thanks. Mike Michael Gullo Solar Solutions LLC Marlton, NJ NABCEP Certified PV Installer
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