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What are the Renaissance Zone Historic Preservation Tax Incentives?

April 26, 2017historic incentives preservation Renaissance tax zone

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What are the Renaissance Zone Historic Preservation Tax Incentives?

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10 Posted

Owners can claim a 25% investment tax credit on their state income taxes by rehabilitating a building that is on the National Register of Historic Places or eligible, has a commercial or residential use and is located within an approved Renaissance Zone boundary. The maximum allowable credit is $250,000.