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HISTORIC TAX CREDITS, BENEFICIAL OR RESTRICTIVE?

By Goosmann Law Team   |  28, February 2013
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HISTORIC TAX CREDITS, BENEFICIAL OR RESTRICTIVE?KTIV News Channel 4 highlights the ups and downs of securing Historic Tax Credits in order to preserve the integrity of historical buildings during commercial real estate development. Some say the program is over-restrictive and inflexible. While others are able to showcase the positive results that come from taking advantage of Historic Tax Credits - commercial spaces can then compete in a competitive market after renovation. The Goosmann Law Firm, PLC restored the historic Lerch building that had been sitting vacant for several years. Located in downtown Sioux City, we are proud to have preserved the Lerch building for the Siouxland community.

  • Video on KTIV's website.

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