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