State

The state historic tax credit offers up to 20% tax credit for qualified remediation expenses (QRE’s).  In order to be eligible to receive the state tax credit, the property must be listed on the National Register, be eligible for listing on the National Register, or be part of a Historic District.

At the Cherrytree Group we specialize in New England Historic tax credits with a local focus on Massachusetts HTC.

Federal

The federal historic rehabilitation tax credit amounts to 20% of Qualified Remediation Expenses (QREs) for eligible properties.  In order for the property to eligible, the building must be an income producing property that is listed on the National Register, part of a Historic District, or eligible for listing on the National Register.

Common QRE's:

  • Walls
  • Partitions
  • Doors
  • Floors
  • Ceilings
  • Windows
  • Stairs 
  • Chimneys
  • and more

Complete the Historic Rehabilitation Tax Credit Checklist

whitepaper-small.png

View our resources for valuable information on:

  • Brownfields Tax Credits
  • Historic Tax Credits
  • Investment Tax Credits
  • And much more!
View Our Resources