FOR MORE INFO CALL
301 766 4189
Maryland's Heritage Preservation Tax Credit Program
Credit is equal to 20% of the approved rehab costs of "certified heritage structures." Work must be completed within a 24-month period. For owner-occupied properties, the rehabilitation costs must exceed $5,000. For income-producing properties, the rehabilitation must exceed the adjusted basis of the property (purchase price minus value of land and any depreciation taken). If the tax credit exceeds the amount owed in taxes, property owners will receive a refund for the balance. Non-profit organizations are now eligible for the tax credit refund.
CONTACT
Maryland Historical Trust
410-514-7626
