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Jay Rogers
Charleston Homes For Sale Realty
1233 Spoon Court
Mt. Pleasant, South Carolina,
Office: 843 849 7587
Cell: 843 367 7587
Fax: 800 889 1847
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Lic. #: 24852
tax breaks for historic rehab PDF Print E-mail

Are there any special tax breaks for historic rehab?

Qualified rehabilitated buildings and certified historic structures in the Daniel Island area currently enjoy a 20 percent investment tax credit for qualified rehabilitation expenses. A historic structure is one listed in the National Register of Historic Places or so designated by an appropriate state or local historic district also certified by the government.
The tax code does not allow deductions for the demolition or significant alternation of a historic structure.
Resources:
* National Trust for Historic Preservation, Washington, D.C.; (202) 588-6000.



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Last Updated ( Thursday, 04 September 2008 )
 
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