This Old House is Worth More Than You Think

 Incentives for owners of old homes to rehabilitate their properties

If you are an real estate investor who owns a couple of historical properties, the federal government wants to give you tax incentives to do substantial rehabilitationto the property. The catch is that the property must be listed in or eligible for  the National/Georgia Register of Historic Places. Your property can either be listed as an  individual property or as part of a National /Georgia Register Historic District.

The three Historical Preservation Tax Incentives going on right now are:

1.  Federal Rehabilitation Investment Tax Credit (RITC)