[RP TownTalk] Tax Credits for properties located in a Historic District

[Gloria Felix-Thompson]

Tax Credit for properties located in historic district TODAY at 7:30pm

------------------------------------------------------------------------

*Please join us tonight to find out all about it, you could save 20 
cents on the dollar for approved repairs.*

*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>:
Some of the eligible repairs are:
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*
  or visit www.preservehyattsville.org






-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://riverdale-park.org/pipermail/towntalk/attachments/20140925/a603864c/attachment.html>