Historic Tax Credit
By Jay Firsching In case you weren’t aware, the Deep Ellum neighborhood in Dallas recently earned a place on the National Register, a federal catalog of significant historic locations. With this national recognition, it’s important to understand the implications, as well as the limitations, of this listing. For those who want to read about the…
Read More
When a historic building undergoes renovation, it’s an expensive process that can take years. As a way to preserve Dallas’ historic built environment, the City of Dallas began offering a tax exemption in 1993. The exemption, which is managed by the Office of Historic Preservation, helps owners completing rehabilitation projects to historic properties that are…
Read More
A plan to eliminate the Historic Tax Credit by the House Ways and Means Committee as part of its proposed tax reform bill will likely stymie efforts to continue preservation projects large and small, advocates said this week. The committee’s vote to eliminate the HTC is part of an effort to simplify the tax code…
Read More
