[Themaintainers] tax credits for maintenance?

[Erin Richardson]

Actually, this law is used by individual homeowners - the only catch is
that the property must be located in an historic preservation district or
be separately listed on the state or national register.  For example,
almost my entire village is in an historic district. so all
structures built before a certain year within that district are
eligible for the tax credit.  could the be more broad and less elitist?
Sure. But, the original question was about examples of existing tax
programs for maintenance of which this is one.

 [BTW, Jaime - I'm right around the corner from you! Currently managing the
Museum Collection Management Commons Project at Five Colleges ;) I live PT
in Amherst and the rest of my life in Cooperstown, NY]


 Erin Richardson, PhD
* Founder and Principal*
  C — 518.577.0186 | FrankAndGlory.com <http://frankandglory.com/>
(formerly Erin Richardson Consulting)
  —————
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ᐧ

On Tue, Apr 27, 2021 at 8:43 AM Jaime Taylor <jaimetaylor at umass.edu> wrote:

> It’s really unfortunate, though, that there are very little tax credits,
> grants, or other sources of maintenance assistance for homeowners who want
> to properly maintain or restore their houses. The below link specifies, for
> example, that “Owner-occupied residential properties do not qualify for the
> federal rehabilitation tax credit.” Definitely an area of the kind of
> non-exciting maintenance that is entirely overlooked in the US. It’s a
> short-sightedness that is leading to decaying housing stock, which then get
> replaced with obscene new builds. And a bizarre legal preference for
> rent-seeking, passive income, and concentration of land ownership in fewer
> hands.
>
>
>
> (She says, as one of the much-maligned millennials who recently bought an
> old house in need of work because it’s the only kind of house she could
> afford.)
>
>
>
> Jaime Taylor
>
> Discovery & Resource Management Systems Coordinator
>
> W.E.B. Du Bois Library
>
> University of Massachusetts
>
> 154 Hicks Way
>
> Amherst, MA 01003
>
> jaimetaylor at umass.edu
>
> 413-577-3401
>
>
>
> Proud member of the Massachusetts Society of Professors (MSP/MTA/NEA), the
> union representing faculty and librarians at UMass Amherst, and supporting
> public education and labor movements everywhere: *umassmsp.org
> <http://umassmsp.org/>*
>
>
>
> *From:* themaintainers-bounces at lists.stevens.edu <
> themaintainers-bounces at lists.stevens.edu> *On Behalf Of *Erin Richardson
> *Sent:* Monday, April 26, 2021 5:06 PM
> *To:* Luis Villa <luis at lu.is>
> *Cc:* themaintainers <themaintainers at lists.stevens.edu>
> *Subject:* Re: [Themaintainers] tax credits for maintenance?
>
>
>
> Yes definitely!
>
>
>
> There are historic preservation tax credits. For example - repair your
> original wood windows instead of replacing them. That is just one example -
> check out the eligible projects in the below link:
>
>
>
> https://www.nps.gov/tps/tax-incentives.htm
>
>
>
> Erin.
>
>
>
>
>
>  Erin Richardson, PhD
>
> * Founder and Principal*
>
>   C — 518.577.0186 | FrankAndGlory.com <http://frankandglory.com/>
>
> (formerly Erin Richardson Consulting)
>
>   —————
>
>   Follow us on Linked In <https://www.linkedin.com/company/frank-glory/>
>
>   Download my Contact Card
>
> <https://www.dropbox.com/s/dbj1inhmg27822n/ErinRichardson-FrankandGlory-vcard.vcf?dl=0>
>
>
>
>
>
> On Mon, Apr 26, 2021 at 2:07 PM Luis Villa <luis at lu.is> wrote:
>
> Hey, all-
>
> Are there any US federal (or state) tax credits for maintenance that
> you're aware of (bonus if you think they're actually... good?)
>
>
>
> Asking for a DC friend who is trying to push one, but sort of starting
> from scratch. I'm wondering if there are models they could base their work
> on (or pitfalls they could avoid).
>
>
>
> Thanks-
>
> Luis
>
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