[RP TownTalk] Tax Credits for home owners whose homes are located in a MD Historic District.

[Gloria Felix-Thompson]

*Maryland Rehabilitation Tax Credits *
*A very good thing!*
*Thursday, Sept. 25, 2014 at 7:30pm
The City of Hyattsville, Prangley Room 2nd Floor
4310 Gallatin Street
Hyattsville, MD 20781
*

Property Owners located within a Historic District in the State of Maryland
have the opportunity to earn a one-time state income tax credit equal to 
20 percent of qualified rehabilitation expenditures. The credit is 
capped at $50,000 and must be spent in a 24-month period. A property 
owner must have a minimum of $5,000 of eligible expenses to qualify. A 
map of the Historic District can be found here 
<http://www.preservehyattsville.org/wp-content/uploads/2011/10/HPA_HIST_map.jpg>:

Eligible repairs:
Roof repair and replacement, Chimney repair and lining
Window restoration. New storm doors/windows
Masonry repointing, Floor refinishing
Structural repairs, Plumbing, electrical & mechanical systems
Architectural/ Engineering/ Consulting fees Tool/equipment rental

Mellisa Archer,
Preservation Office of the Maryland Historical Trust
will tell you all you need to know to apply.


  For more information call
  *301.699.5440*
  e-mail:hpahyattsville at hotmail.com or visit www.preservehyattsville.org


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