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Can a business in the RC take both the CRD and the general credits available for the rehabilitation of historic buildings?

April 26, 2017buildings Business crd Credits historic RC rehabilitation

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Can a business in the RC take both the CRD and the general credits available for the rehabilitation of historic buildings?

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Yes. However, the expenditures used to figure the rehabilitation credit may not also be used to figure the CRD. (IRC section 1400I(b)(2)(B)(ii)).