Certified Historic Structure


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Certified Historic Structure

For the purposes of the federal preservation tax incentive, any structure subject to depreciation as defined by the U.S. Internal Revenue Code that is listed individually in the National register of Historic Places, or located in a registered historic district and certified by the Secretary of the Interior as being of historical significance to the district. A structure that the U.S. National Park Service has determined is eligible to obtain a Certificate of Significance.
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the certified historic structure can be registered in the National
The owner of a rehabilitated building can claim a historic rehabilitation tax credit (20 percent) on a certified historic structure as long as three conditions are met.
45) A certified historic structure is a building located in Missouri that is listed individually on the National Register of Historic Places.
Conservation purposes under IRC [section] 170(h)(4)(A) are (1) preserving land for outdoor recreational use by, or education of, the general public; (2) protecting relatively natural habitats of fish, wildlife or plants; (3) preserving open space (including farmland or forest space) for scenic enjoyment of the general public or under a governmental conservation policy yielding significant public benefit; and (4) preserving a historically important land area or a certified historic structure.
170(h) (4)(A)(iv), the "conservation purpose" is defined as preserving an historically important land area or certified historic structure.
The Federal Rehabilitation Tax Credit Program allows a 20-percent deduction in income tax of the amount spent to rehabilitate a certified historic structure.
If the donor owns a certified historic structure, as defined in current law, there will be no deduction for the contribution of a facade easement if the property is or recently was used as a personal residence of the donor or a family member.
One gives a credit equal to 20 percent of the amount spent in rehabilitating a certified historic structure.
According to the court, the easements preserved a certified historic structure and were granted in perpetuity; however, the court, based on expert testimony, reduced the amounts of the deductions.
Preserves a historically important land area or a certified historic structure (the historic preservation requirement); see Sec.
A certified historic structure is any building that is 1) listed in the National Register of Historic Places, or 2) located in a registered historic district and is certified by the Secretary of the Interior as being of historic significance to the district.
Preservation of historically important land or a certified historic structure.

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