Real Estate and Construction Newsletter June 2017
Tips to Save Big on Historic Rehab Projects
Historic tax credits are one of our fastest growing services in the real estate and construction industries because they’re a great way to add value to historic rehab projects. While historic tax credits can help save money on your project, they require a few hoops to jump through.
If total project costs are less than $250,000, a CPA must be involved to compile the list of expenditures in the required format. If project costs are $250,000 or more, a CPA must audit the list of expenditures and certify all costs adhere to program guidelines. The Anders Real Estate and Construction team is experienced in historic tax credit projects and can help you every step of the way.
Once you determine that your project is eligible for the Missouri Historic Tax Credit (HTC) Program, there are a few tips and tricks to maximize the benefits and get the most out of your HTC project.