Income Producing Building:
Historic Rehabilitation Tax Credit
To be eligible for the 20% federal income tax credit on
the cost of rehabilitating an income-producing building:
- The building must be in a National Register historic district or individually listed on the Register.
- The building must be historic (built before the end of the period of significance for the district).
- It must still be recognizable as historic, not remodeled into something else.
- You must follow federal guidelines on both the interior and exterior.
- You must fill out the necessary forms and submit them to the Division of Historic Preservation. (See NPS link below for
applications.)
- 24-36 "before" photos must be submitted with the Part 1 application.
- You have to spend (on repairs) an amount of money equal to the purchase price minus the value of the land. If you have
owned the building for several years, you must spend an amount equal to the present depreciated value.
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If you have any questions, please contact the Tax Act Staff in the Division of Historic Preservation at:
(225) 342-8160 or
abordelon@crt.state.la.us
If you are unsure about the Register status
of your building or whether it would be considered historic, send a photo and a map showing the location to:
Division of Historic Preservation
P.O. Box 44247
Baton
Rouge, LA 70804
It is very important that our staff work with you from the
very beginning of the process. Please call for an appointment as soon as you have access to the building.
For a complete listing of Federal Tax Incentives, please visit the State Historic Preservation
Office's Website at: http://www.crt.state.la.us/hp/taxincentives.htm
State Tax Incentive Programs:
Income Producing Properties Fact Sheet:
http://www.crt.state.la.us/hp/pdfs/Comm%20fact%20sheet.pdf
Residential Properties Fact Sheet:
http://www.crt.state.la.us/hp/pdfs/Resi%20fact%20sheet.pdf
For complete information on all Federal and State programs available, please visit the State
Historic Preservation Office's website at: http://www.crt.state.la.us/hp/
