The previous owner benefited from historic and housing tax credits in order to infuse that 19 million which was used to rehabilitate the entire property.

It still blows my mind how far Columbus has come! With that being said I'd love to take the time to thank all the investors that have taken this community to the next level. I have taken a more hands on approach, lol ...

A taxpayer must own a “qualified rehabilitated building” for which they have incurred “qualified rehabilitation expenditures”.

“New construction” is defined as brand new construction as well as any “substantial rehabilitation”, upgrading projects and renovations.What if I’m unable to use the tax credit this year, does the 45L tax credit carry forward?

For anyone else doing a tax return this year and utilizing the Historic Tax Credit, I received the below information from TurboTax:Federal Tax Return: Taxpayers claim the rehabilitation credit on Form 3468, Investment CreditNY State Return: The form for New York is Form IT-237. 

Along with this, I aim to create an apartment complex dedicated to providing affordable housing and financial rehabilitation to assist families struggling in the same way my family did.

government-aided programs to rehabilitate duplex dwellings and convert them into either owner occupied single-family dwellings or owner-occupied duplex dwellings

Last year after the sale, I bought a 4 family with an FHA loan and rehabilitated an old space in the attic to bring back a legal 5th unit to the property with the equity of the sale.

Bonus basement with about 2800 feet of additional living space that will be rehabilitated for use.

Is it possible to find ON market properties through the MLS that have already been rehabilitated, and are ready to rent, and still make a profit on them?