historic tax credit

Isaac Kremer/ July 2, 2025/ / 0 comments

Taxpayers who rehabilitate income-producing historic buildings may be eligible for State or Federal historic tax credits; to qualify, a building must product income, be designated as historic, rehabilitation costs must be substantial, and the work must be completed to accepted Secretary of Interior Historic Preservation Standards; see also Federal Historic Rehabilitation Tax Credit and State Historic Rehabilitation Tax Credit. (Davis, 2025)

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About Isaac Kremer

IsaacKremer.com is the personal website of Isaac Kremer, MSARP, a nationally recognized leader in the Main Street Approach to commercial district revitalization with over 25 years of experience. Kremer, New Jersey's first certified Main Street America Revitalization Professional (MSARP), has served as founding executive director for organizations like Experience Princeton and the Metuchen Downtown Alliance, which won a Great American Main Street Award under his leadership. He recently became director of the Royal Oak Downtown Development Authority in Michigan.

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