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Featured Article
| Are there any special tax breaks for historic rehab?
| Qualified rehabilitated buildings and certified historic structures 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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858-822-8300
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DJ Salas
AXIA Real Estate Group, Inc.
1450 Frazee Rd. # 301,
San Diego, CA 92108
Office: 858-793-2806
Cell: 858-822-8300
Fax: 858-481-9572
DJ@DJSalas.com
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