Real estate developers have long had ample reasons to take on projects involving historic buildings, courtesy of Section 47 of the Internal Revenue Code of 1986. As amended, Section 47 (the “Code”) provides for a...more
9/5/2023
/ Eligibility ,
Historic Preservation ,
Historical Landmarks ,
Historical Rehabilitation ,
HTC ,
Internal Revenue Code (IRC) ,
Investment ,
Investors ,
IRS ,
Land Developers ,
Private Equity ,
Real Estate Development ,
Real Estate Market ,
State and Local Government ,
State Taxes ,
Tax Credits
On August 16, 2022, President Biden signed the Inflation Reduction Act of 2022 (“IRA” or the “Act”) into law. The IRA, which contains several energy-related tax credits and extends and modifies some existing credits in the...more
10/5/2022
/ Apprenticeships ,
Biden Administration ,
Energy Tax Incentives ,
Exceptions ,
Inflation Reduction Act (IRA) ,
Investment ,
Investment Tax Credits ,
Investors ,
Prevailing Wages ,
Renewable Energy ,
Renewable Energy Incentives ,
Solar Energy ,
Tax Credits