Tax incentives : tips on how to apply for mixed use projects [updated]

Authors
South Carolina State Historic Preservation Office
Keywords
Tax incentives--South Carolina , Historic buildings--Taxation--South Carolina , Property tax credit--South Carolina
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.
Description
URI
https://dc.statelibrary.sc.gov/handle/10827/52680
Collections
Tax Incentives
Thumbnail Image
Files
DAH_Tax_Incentives_Mixed_Use_Projects_2023-08.pdf (201.69 KB)
Issue Date
2023-08
Contributor
Date Accessioned
2023-10-06T18:18:49Z
Date Available
2023-10-06T18:18:49Z
Item Format
application/pdf
Media Type
Document
Item Language
Publisher
Digital Collection
Rights
Copyright status determined to be in the public domain on April 27, 2020 by United States Supreme Court ruling (Georgia et al., Petitioners v. Public.Resource.Org, Inc. : 590 U.S.__(2020))
Type
Text
Digital Collection
This South Carolina State Document was either saved from a document available publicly online in PDF format or converted to PDF using Adobe Acrobat DC.