Updated: Wednesday, May 23, 2012
Home improvements take some interesting issues when the home in question is a Northeast Fl historical home. If you are seeking to renovate a historical North Florida home, there are certain tax breaks that will help you out. Qualified rehabilitated buildings and certified historic structures benefit from a 20 percent investment tax credit for related expenses. What defines a historical structure? A historical structure must be listed with the National Register of Historic Places. It may also be designated by state or local historical district certified by the government. This tax benefit does not apply if you demolish or significantly change the historic structure, however. Restoring a historic Northeast Florida home takes work, but if you desire to accomplish this rewarding task, then you will enjoy a 20 % tax credit.
Some wonderful websites to visit that provide a primer on restoreing historical homes is
Kiplinger.com primer on restoring historical homes
Old House Restoration Stories & Blogs
Fixing up a Historic Home
CNN Money article on Restoring historic Homes
When you locate one of these homes that you would like to tour, please call James Angelo (904) 881-2178 for your personal tour.