Facade/Easement
If you are considering or are in the process of a renovation of a building where the building facade will remain intact after completion, you may want to consider granting a facade easement as part of your project. These easements may be used in conjunction with historic tax credits to help fund the rehabilitation of a building that has been deemed historic. If certain criteria are met, the owner of a buildng can receive a Federal income tax deduction equivalent to the value of the easement granted. For more information on facade easements and their availability for your project, please contact us.
Aug 10, 2007, 10:00