georgia tourism georgia tourism - Georgia Department of Economic ...
georgia tourism georgia tourism - Georgia Department of Economic ...
georgia tourism georgia tourism - Georgia Department of Economic ...
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Historic Preservation<br />
Federal Income Tax Credit<br />
• 20% <strong>of</strong> qualifying rehab expenses with no<br />
maximum cap, as a federal income tax credit<br />
• Rehabilitation cost must exceed the adjusted<br />
basis <strong>of</strong> the property (the value <strong>of</strong> the building<br />
minus the land) by 100%<br />
• The property must be income producing, not a<br />
personal residence. Residential rentals do<br />
qualify.<br />
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