Teaching > Preservation Planning >

Links > Secretary of Interior's Standards and Guidelines
Humble Oil Company Building, Houston, Texas.

Tax Credit

Federal Historic Preservation Tax Incentives, National Park Service

Financial Analysis




Definitions (Wikipedia)

Questions — check links!

  1. What is a "tax credit"? a (wiki) and a (nps, p.4)
  2. How is the Federal Historic Preservation Tax Incentives Program administered? a
  3. What is a "certified rehabilitation"? a
  4. What are the four treatments listed in the Secretary of the Interior's Standards for the Treatment of Historic Properties? a
  5. What is a "certified historic structure"? a
  6. What is "historic character"? a
  7. Wha are "character-defining features"? PB 17, PB 18.
  8. How does the IRS define a "building"? a
  9. What are the basic requirements that determine whether a project will be eligible for the 20% tax credit?a
  10. Does a structure have to be individually listed in the National Register of Historic Places or included in a National Register historic district to be eligible for the 20% tax credit? a
  11. What is the "substantial rehabilitation test"? The length of time a project has to meet the test? a (factor 3)
  12. List items that are eligible and ineligible to receive tax credit. a
  13. What are the three parts of the Historic Preservation Certification application process? a
  14. Do all the parts of the application have to be submitted together or should they be submitted separately? a
  15. Who does an owner submit a completed application to? a
  16. What are the roles of the SHPO, NPS and IRS: a (p.14)
  17. When and how does a property become a 'certified historic structure'? a (p.5)
  18. What does a property owner do if the building is not listed on the National Register? a (p.6)
  19. Does an owner have to retain the services of a professional to complete a Hsitoric Preservation Certification application? a
  20. What comprises a complete Historic Preservation Certification Application? a
  21. Can photographs be digital? a