Novogradac 2020 HTC 101: The Basics Online Workshop - On-Demand

Learn the fundamentals of the historic tax credit, including definitions of key terms, how the National Park Service application process works and more. Discuss concepts such as qualified rehabilitation expenditures and buildings, credit recapture, minimum expenditures test, Section 50(d) income, deal structuring and how tax reform affected HTCs.

Original air date: September 21, 2020
Access to Recording Expired: December 28, 2020
 
 

Instructors

Warren Sebra
Partner
Novogradac
 
John DeJovine
Principal
Novogradac
 
John Tess
President & Founder
Heritage Consulting
 
Brian Weaver
Atttorney
Stinson
 

Learning Objective(s) in Workshop 

  • Identify the different types of historic tax credits
  • Detail the application process for historic tax credits
  • Define qualified rehabilitation expenditures
  • Define qualified rehabilitation buildings
  • Identify the events that lead to credit recapture and calculate the amount of recapture
  • Identify the structures used in historic tax credits
  • Identify when historic tax credits can be combined with other tax credits, and the potential
  • advantages and disadvantages of these structures
  • Differentiate between the single‐tier and the pass‐through lease structures of HTC ownership
  • Read IRS Revenue Procedure 2014‐12 and list Safe Harbor requirements
  • Define 50(d) income

 

Registration Rates*

Standard: $249

*The standard registration fee for live online workshops and for online workshop recordings covers a single viewer only. If multiple persons within an organization wish to view the workshop and/or its recording (regardless of whether they view it on a single computer or multiple computers), the organization must purchase a registration for each person.