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Contact Information

Rick Snow
One Realty El Paso
601 Sunland Park Dr
El Paso, TX, 79912
Office: 915-613-1710
Cell: 915-329-5868
Fax: 915-613-1711
mwap@ricksnow.com
www.movewithapurpose.org
tax breaks for historic rehab | Print |

Are there any special tax breaks for historic rehab?

Qualified rehabilitated buildings and certified historic structures in the West El Paso Texas 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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