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Article: HISTORICAL BUILDINGS
- Article from:
- The Boston Globe (Boston, MA)
- Article date:
- April 22, 1989
CopyrightCopyright (null) The Boston Globe. Provided by ProQuest LLC. (Hide copyright information)
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Rehabilitating historical buildings can produce tax breaks but
owners must either rent out the renovated property or turn it into
a business to realize the tax credits, says a new report by the
Real Estate Center at Texas A&M University.
"Not only can taxpayers realize the tax breaks, but they can
earn profits with improvements that increase the prestige of the
historic structure, said Dr. Larry Crumbley, author of the report
with Anthony Billings of Florida A&M University.
To be a candidate for ...