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Tax incentives : tips on how to apply for mixed use projects
South Carolina State Historic Preservation Office
South Carolina State Historic Preservation Office
Abstract
When the rehabilitation of a historic property includes an income-producing use as well as an owner-occupied residence, the project is considered to be "mixed use." Special provisions are required for mixed use projects when an applicant is seeking tax credits for both the income-producing use and the owner-occupied residence. Generally, the credits for these uses are mutually exclusive and cannot be combined. The credits may be applied, however, to distinct portions of the historic property that relate to the particular use, including distinct portions of one building. This information relates to application procedures; please do not consider it to be tax advice.
Issue Date
2020-02-11
Keywords
Tax incentives--South Carolina, Historic buildings--Taxation--South Carolina, Property tax credit--South Carolina
Type
Text
Rights
Copyright status undetermined. For more information contact, South Carolina State Library, 1500 Senate Street, Columbia, South Carolina 29201.
Digitization Specifications
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