The 179D Energy Policy Act gives taxpayers a deduction for installing energy efficient assets such as the building envelope, HVAC and lighting.

Typically, they are also much better paid.A Certified Public Accountant is allowed to perform certain duties that regular accountants are not permitted to do, such as preparing an audited financial statement, or acting as a taxpayer or company representative in discussion with IRS Revenue Officers or Counsel.

@Michael Plaks could Safe Harbor for as Small Taxpayer be applied so the improvement cost can be expenses over a 2-3 yr period?

This will often depend - It depends on how complex your return is and how often you want to reach out to your CPA with guidance.In general a taxpayer with multiple properties in many different states will have a higher bill that a taxpayer with one property in the same state that he/she lives in.If you have used a CPA for REI, how did you find your CPA and was using a CPA worth the cost?

With respect to earnings, the pass-through entity is tax neutral.Dividends are not earned income, they are investment income and not included as earned income in the SS benefit reduction calculation.BTW, if the pass-through entity is a sole proprietorship (disregarded entity), then all of the net income from the business entity is passed through to the taxpayer as self-employment income.

New stove= $400TOTAL= $8460Here is my logic:1. safe harbor for small tax payers. 

In your case, judging from the amount looks like you can deduct the cost of the rehab as expenses using de minims safe harbor rather than capitalizing and depreciating it.The safe harbor applies to amounts paid during the tax year to acquire or produce what the Regs call a “unit of property” (UOP), you must meet these requirements: (1) at the beginning of the tax year, the taxpayer has written accounting procedures treating as an expense for non-tax purposes amounts paid for property costing less than a specified dollar amount (which will be 2500 for you), or with an economic useful life of 12 months or less;

They tend to aim for low income taxpayers who live off the refund and are not experienced for complex returns.  

@Yeng Hawj as borrower and title holder you already are the tax payer for that property. 

Does ceo as your town neighbor and fellow tax payer intend to lend hand in repairs since you pay his salary and add to his bonuses  commissions and advancement by getting the "bad guy" to comply with their taxation without representation?