historic rehabilitation tax credit

historic rehabilitation tax credit definition - finance
A credit that can be used to offset up to $25,000 of income for owners of residential rental property that provides low-income housing. The credit isnÂ’t available for upper income taxpayers.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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