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real estate Archives – Ansari Law Firm

IRS Tax

Real Estate rehabilitation IRS tax credit

Real Estate rehabilitation IRS tax credit The rehabilitation tax credit offers an incentive for owners to renovate and restore old or historic buildings. Tax reform legislation passed in December 2017 changed when the credit is claimed and provides a transition rule: The credit is 20 percent of the taxpayer’s qualifying…
Ansari Law Firm
October 17, 2018